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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
62% Center coverage: 129 sources

UK Economy · United KingdomA pay rise for 2.7million people has been announced by Rachel Reeves. On the eve of her make-or-break Budget, the Chancellor said the Government would increase both the minimum wage and the National Living Wage.
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Minimum wage to rise again from April to £12.71 for over-21s
58% Center coverage: 36 sources
