Tag: Office for Budget Responsibility
UK’s 2025 Budget Black Hole: £14bn to £41bn Gap Forces Tough Choices
Chancellor Rachel Reeves faces a £14bn–£41bn fiscal gap by 2029-30, forcing tough choices on taxes and spending. Think tanks warn the Autumn Budget 2025 must deliver £26bn+ in savings without crushing the economy.
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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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