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UK Budget 2025 slashes living costs with £900 wage hikes, child poverty cut, and new taxes on EVs and mansions
November 26, 2025 Darius Beaumont

UK Budget 2025 slashes living costs with £900 wage hikes, child poverty cut, and new taxes on EVs and mansions

UK Budget 2025 cuts living costs with £900 wage hikes, lifts 550,000 children from poverty by scrapping the two-child limit, and funds it with new taxes on mansions and electric vehicles—forecasts show 1.5% growth and 3.5% inflation.

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