From mortgage rates and tax policy to benefits and wider confidence in the economy, a handover at the top can affect what families pay, save and borrow, even if there is no immediate general election . Personal finance expert Jasmine Birtles said political changes can matter more to household budgets than many people realise. She said: “A lot of people think a change in Prime Minister is just political theatre, but it can have a very real impact on their finances. "Even if your tax bill or