Chancellor Rachel Reeves has unveiled her second Budget since entering No. 11, outlining a sweeping package of tax rises, welfare reforms and targeted spending intended to reset public finances whilst easing pressure on struggling households.
The Budget confirmed £26 billion in additional tax measures by the end of the decade, with frozen thresholds, higher taxes on savings and dividends, and new levies on property and electric vehicles all contributing to Treasury revenue.
On the spending side, the Government moved to soften the impact of rising prices by extending fuel duty cuts, freezing regulated rail fares, and increasing the National Living Wage and the state pension from April.
