After Labour’s landslide victory, there’s still much that’s unclear about their plans and policies.

However, one money expert summarised what we do know and just how it’ll affect household budgets in real terms.

Finance expert Peter Komolafe first explained some of the changes Labour has already announced will see a major shift in three crucial areas for household finances: taxes, vat and national insurance.

One of the most publicized manifesto promise was the plan to remove VAT tax…