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Martin Lewis was left disappointed after he learnt there were no plans in Rachel Reeves’ Budget to change how child benefit is paid from individual to household income.

Martin said, "buried in the papers" of Labour's Budget, were plans to keep the way in which child benefit is paid, to individual earnings.

"That leads to iniquity in the system because you could have one parent who earns £80,000 and a penny and doesn't get any child benefit.

"And two [parents], their next door neighbour, who both earn £70,000 and so they have a far bigger salary and do get child benefit.

"I've very disappointed, unfairness in the system doesn't work... the way our child benefit is paid is unfair to single parents and dominant and single earner families", Martin said.

However, the threshold at which you pay back child benefit has remained at the higher announced previously announced - so Martin conceded "is affecting fewer people".

This clip was originally from Matt Chorley on 30 October 2024.

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