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Rachel Reeves · United KingdomU.K. Chancellor Rachel Reeves announced her 2025 Budget in the House of Commons on Wednesday. The budget contains £26 billion ($34 billion) in tax rises, led by a three-year extension of the personal tax and National Insurance contributions thresholds, threshold freezes and taxation of salary-sacrificed pension contributions above £2,000.See the Story
Chancellor Reeves Raises £26B in Taxes at 2025 Budget
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UK Economy · LondonThe chancellor is vowing to "take the fair and necessary choices" in today's budget, as she seeks to grow the economy while keeping the public finances under control. Rachel Reeves said she will not take Britain "back to austerity" - and promised to "take action to help families with the cost of living".See the Story
Rachel Reeves to outline tax and spending changes in Budget
58% Center coverage: 61 sources
