Nine money changes affecting your wallet in May – including Universal Credit shake-up, childcare help and fee hike

MILLIONS of households will be affected by a raft of money changes in May.

Ranging from Universal Credit shake-ups to extra childcare help and energy bill announcements, we round up everything you need to know below.

It follows a heavy April for personal finance changes too on the back of the new tax year.

1. Probate fees hiked – May 1

Grieving families will be hit by a 10% increase to the cost of applying for probate on May 1...