The Chancellor Jeremy Hunt has today announced a range of new tax, benefits and savings measures in his Spring Budget. MoneySavingExpert.com founder Martin Lewis has shared his instant reaction and explained what the changes mean for you, and we’ve added more detail on them below.

Speaking to the House of Commons Education Committee, MoneySavingExpert.com founder Martin Lewis recalled the “bloody farce” of having to fund and self-publish the free Your Money Matters textbook as a private individual.

Other stamp prices will also rise, including second-class stamps by a larger 13% – though if you buy stamps at their current price, you’ll still be able to use them after the price goes up.

The call comes nearly a year after the publication of a major report, funded by MoneySavingExpert.com founder Martin Lewis, which put forward costed solutions to the nightmare situation facing up to 200,000 people in the UK.

Cosmetics retailer The Body Shop will close 75 stores over the next four to six weeks after falling into administration earlier this month. This comes after seven stores were closed on 27 February, resulting in almost half of its 198 stores shutting their doors for good and hundreds of staff facing redundancy

If you’ve got a Tesco Clubcard, urgently check when your vouchers expire as £18 million worth will run out by the end of today (29 February).

British Gas is extending its offer of half-price electricity on Sundays for some smart meter customers until April 2024.

If you’re a Chase customer, you’ll soon need to pay in at least £1,500 a month to qualify for its 1% debit card cashback offer. But depending on when you signed up, this change won’t take effect immediately – and you can work around it if you’ll spend less than £1,500 each month.

If you collect Avios – the reward currency of the British Airways ‘Executive Club’ loyalty scheme – and you’re planning to covert them into Nectar points, you should make the swap before Monday 11 March. From this date, the value of Avios being converted will be slashed.

Energy regulator Ofgem has announced the new Energy Price Cap, with prices set to drop by 15% on average from April.