Autumn Budget 2025

Autumn Budget 2025

Growth forecasts rise to 1.5% this year, with steady medium-term expectations supporting economic stability and resilience  Income tax, NICs and IHT thresholds remain frozen to 2031, increasing the long-term tax burden on households  Cash ISA limits fall to £12,000 for under 65s but overall allowance remain the same   “We are rebuilding our economy”  Chancellor of the Exchequer Rachel Reeves delivered […]

Spring Statement 2025

“A serious plan for growth” On 26 March, Chancellor of the Exchequer Rachel Reeves delivered her Spring Statement unveiling updated economic forecasts from the Office for Budget Responsibility (OBR), announced further reductions to welfare spending and confirmation of a rise in defence spending. The Chancellor reiterated her commitment to “just one major fiscal event a […]