UK Budget 2025: Reeves Plans 12 Tax Hikes 💷

UK Budget 2025 LIVE: Chancellor Rachel Reeves To Outline Tax And Spending Changes | Autumn Budget day | Starmer Government | CNBC TV18
LONDON – British farmers park their tractors at London’s Trafalgar Square, calling on British Finance Minister Rachel Reeves to scrap inheritance tax on family farms, on the day she presents the Autumn Budget Statement to Parliament.
Budget 2025 live: Rachel Reeves says tax and spending changes based on ‘fair and necessary’ choices. Taxation will be a dominant part of the budget as Rachel Reeves tries to plug an estimated £30bn black hole in the public finances. A headline measure is expected to be an extension of the freeze on income tax thresholds for another two years beyond 2028.
Rachel Reeves has acknowledged that voters are "angry at the unfairness in our economy" and "frustrated at the pace of change", but has insisted she will make "fair" choices and deliver "the biggest drive for growth in a generation".
In a newly released video, Rachel Reeves said the public is "frustrated at the pace of change" - but vowed to make the "fair and necessary choices" to tackle the cost of living crisis.
Setting the scene ahead of the budget, Reeves said she will "push ahead with the biggest drive for growth in a generation", promising investment in infrastructure, housing, security, defence, education and skills.
Ahead of the chancellor’s critical statement — which could herald tax rises, spending cuts, or a combination of the two — fund managers are lining up high-conviction trades on U.K. housing, the British currency and beaten-down cyclical equities

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