This week, the UK got a new Prime Minister and a new Chancellor, and they wasted no time in announcing a flurry of financial tweaks. First up: VAT on household energy bills is getting the axe from October, followed by a plan to cap bus fares in England starting January, and a 20% cut to business rates for pubs, clubs, and live music venues from April. But the elephant in the room - or rather, the frozen personal tax threshold - remains unthawed. We'll dig into what this means for your wallet.

Meanwhile, nearly two million households in England and Wales are living in water poverty, according to a new study seen exclusively by this programme. That's defined as spending more than 5% of income (after housing costs) on water bills - which in plain English means being unable to afford water and ending up in debt to a water company. We'll chat with the Consumer Council for Water, who commissioned the study.

And for those pondering the delicate art of giving money to family without the taxman getting involved, a survey by The Private Office found that over 8 in 10 of their clients aged 45+ think parents and grandparents should help younger generations during their lifetime rather than leaving an inheritance. In other words: give now, avoid death duties later.