More than 30 million households to get £500 extra in bank from this week

Millions of households are set to get a £500 per year cash boost from this week.

National Insurance contributions rose by 1.25 percentage points in April as part of plans to help pay for social care and deal with the NHS backlog. But now, that will be reversed and funding for health and social care services will be maintained at the same level as if the levy were in place.