{"id":981760,"date":"2025-11-27T14:19:53","date_gmt":"2025-11-27T14:19:53","guid":{"rendered":"https:\/\/ukpostcode.org\/content\/?p=981760"},"modified":"2025-11-27T14:19:53","modified_gmt":"2025-11-27T14:19:53","slug":"uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending","status":"publish","type":"post","link":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/","title":{"rendered":"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending"},"content":{"rendered":"<p>&nbsp;<\/p>\n<hr \/>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_What_Reeves_announced\" title=\"\u00a0What Reeves announced\">\u00a0What Reeves announced<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_What_this_means_%E2%80%94_Economic_Social_Implications\" title=\"\u00a0What this means \u2014 Economic &amp; Social Implications\">\u00a0What this means \u2014 Economic &amp; Social Implications<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Risks_Criticisms_What_Could_Go_Wrong\" title=\"\u00a0Risks, Criticisms &amp; What Could Go Wrong\">\u00a0Risks, Criticisms &amp; What Could Go Wrong<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Why_the_Government_Did_It_%E2%80%94_What_Theyre_Betting_On\" title=\"\u00a0Why the Government Did It \u2014 What They\u2019re Betting On\">\u00a0Why the Government Did It \u2014 What They\u2019re Betting On<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Illustrative_Case_Studies_%E2%80%94_Who_Wins_Who_Loses\" title=\"\u00a0Illustrative Case Studies \u2014 Who Wins, Who Loses\">\u00a0Illustrative Case Studies \u2014 Who Wins, Who Loses<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#Household_A_%E2%80%94_A_young_middle-income_earner_35%E2%80%9345_k_salary\" title=\"Household A \u2014 A young middle-income earner (\u00a335\u201345 k salary)\">Household A \u2014 A young middle-income earner (\u00a335\u201345 k salary)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#Household_B_%E2%80%94_A_family_with_children_relying_partly_on_benefits_welfare_support\" title=\"Household B \u2014 A family with children relying partly on benefits \/ welfare support\">Household B \u2014 A family with children relying partly on benefits \/ welfare support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#Household_C_%E2%80%94_Middle-to-upper_income_saver_small_investor_dividends_property_income_pension_contributions\" title=\"Household C \u2014 Middle-to-upper income saver \/ small investor (dividends, property income, pension contributions)\">Household C \u2014 Middle-to-upper income saver \/ small investor (dividends, property income, pension contributions)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#Scenario_%E2%80%94_Government_Public_Services_Welfare_Recipients\" title=\"Scenario \u2014 Government \/ Public Services \/ Welfare Recipients\">Scenario \u2014 Government \/ Public Services \/ Welfare Recipients<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Reactions_Commentary_%E2%80%94_What_Experts_Markets_Critics_Say\" title=\"\u00a0Reactions &amp; Commentary \u2014 What Experts, Markets &amp; Critics Say\">\u00a0Reactions &amp; Commentary \u2014 What Experts, Markets &amp; Critics Say<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Support_and_Market_Confidence\" title=\"\u00a0Support and Market Confidence\">\u00a0Support and Market Confidence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Criticism_%E2%80%9CStealth_taxes%E2%80%9D_living-standards_squeeze_broken_promises\" title=\"\u00a0Criticism: \u201cStealth taxes,\u201d living-standards squeeze &amp; broken promises\">\u00a0Criticism: \u201cStealth taxes,\u201d living-standards squeeze &amp; broken promises<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_Growth_fiscal_risks_and_public-finance_vulnerability\" title=\"\u00a0Growth, fiscal risks, and public-finance vulnerability\">\u00a0Growth, fiscal risks, and public-finance vulnerability<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#_What_This_Budget_Suggests_Patterns_Trade-offs\" title=\"\u00a0What This Budget Suggests: Patterns &amp; Trade-offs\">\u00a0What This Budget Suggests: Patterns &amp; Trade-offs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"_What_Reeves_announced\"><\/span>\u00a0What Reeves announced<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The Budget raises <strong>\u00a326 billion<\/strong> in extra tax revenue (by 2029\u201330) to help fund new spending and shore up public finances. (<a title=\"Budget live blog: Rachel Reeves raises taxes by \u00a326bn\" href=\"https:\/\/uk.finance.yahoo.com\/news\/budget-live-blog-reeves-income-tax-085659702.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>New spending of about <strong>\u00a311.3 billion<\/strong> is planned \u2014 though many of the tax increases go beyond that, meaning the government is also building fiscal headroom. (<a title=\"Budget live blog: Rachel Reeves raises taxes by \u00a326bn\" href=\"https:\/\/uk.finance.yahoo.com\/news\/budget-live-blog-reeves-income-tax-085659702.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>Key tax and fiscal-policy changes include: (<a title=\"The autumn budget explained in five charts\" href=\"https:\/\/uk.finance.yahoo.com\/news\/autumn-budget-five-charts-rachel-reeves-170142942.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)\n<ul>\n<li>A freeze on income tax (and equivalent National Insurance) thresholds until 2030\/31 \u2014 meaning as people\u2019s pay rises, more of it becomes taxable. (<a title=\"The autumn budget explained in five charts\" href=\"https:\/\/uk.finance.yahoo.com\/news\/autumn-budget-five-charts-rachel-reeves-170142942.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>New rules on pension contributions: salary-sacrificed pension contributions above \u00a32,000 a year will become subject to NI \u2014 raising additional revenue. (<a title=\"The autumn budget explained in five charts\" href=\"https:\/\/uk.finance.yahoo.com\/news\/autumn-budget-five-charts-rachel-reeves-170142942.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>Higher taxes on savings, dividends, and property income for many \u2014 pushing up rates on dividends and savings incomes. (<a title=\"Reeves delivers \u00a326bn tax rise Budget\" href=\"https:\/\/www.lancashirebusinessview.co.uk\/latest-news-and-features\/reeves-delivers-26bn-tax-rise-budget?utm_source=chatgpt.com\">Lancashire Business View<\/a>)<\/li>\n<li>A new \u201cmansion tax\u201d \/ extra property levy: homes valued over a certain threshold (e.g., above \u00a32 million) will be subject to a new annual charge. (<a title=\"From mansion tax to cash ISA changes: Key announcements in Reeves\u2019 Budget\" href=\"https:\/\/www.independent.co.uk\/news\/uk\/politics\/budget-2025-tax-rises-rachel-reeves-obr-leak-b2872847.html?utm_source=chatgpt.com\">The Independent<\/a>)<\/li>\n<li>Other increases targeting property, savings, investments, and \u201cnon-wage income\u201d. (<a title=\"UK budget hikes taxes by almost \u20ac30bn \u2013 hitting homes, ...\" href=\"https:\/\/www.independent.ie\/business\/world\/uk-budget-hikes-taxes-by-almost-30bn-hitting-homes-gambling-and-investments\/a1612779864.html?utm_source=chatgpt.com\">Independent<\/a>)<\/li>\n<\/ul>\n<\/li>\n<li>On the spending\/welfare side, she also announced the lifting of the two-child benefit cap \u2014 reversing that limit. (<a title=\"Rachel Reeves says budget will cut living costs after shock ...\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-poised-to-unveil-tax-rises-worth-26bn-in-budget-figures-reveal?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>Alongside this, some relief measures: efforts to cut energy bills, freeze rail fares or fuel duty, to ease pressure on households amid cost-of-living concerns. (<a title=\"Rachel Reeves says budget will cut living costs after shock ...\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-poised-to-unveil-tax-rises-worth-26bn-in-budget-figures-reveal?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>According to the budget forecasts, this tax package lifts the overall \u201ctax burden\u201d (tax revenues relative to GDP) to a record high \u2014 roughly <strong>38% of GDP<\/strong> by the end of the Parliament. (<a title=\"Rachel Reeves' Budget raises tax take to all-time high\" href=\"https:\/\/www.ft.com\/content\/f8a8ad84-e351-4c7b-aa90-e5ce2bf665b4?utm_source=chatgpt.com\">Financial Times<\/a>)<\/li>\n<\/ul>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"_What_this_means_%E2%80%94_Economic_Social_Implications\"><\/span>\u00a0What this means \u2014 Economic &amp; Social Implications<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>More people will pay more:<\/strong> With thresholds frozen, even moderate wage increases push workers into higher effective tax brackets (or drag more people into paying tax). (<a title=\"The autumn budget explained in five charts\" href=\"https:\/\/uk.finance.yahoo.com\/news\/autumn-budget-five-charts-rachel-reeves-170142942.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li><strong>Wider tax base and increased burden on non-wage income:<\/strong> People living off savings, dividends, property income, or high-value homes will see sharper rises \u2014 shifting more of the burden to wealth, assets, and investments rather than just wages. (<a title=\"Reeves delivers \u00a326bn tax rise Budget\" href=\"https:\/\/www.lancashirebusinessview.co.uk\/latest-news-and-features\/reeves-delivers-26bn-tax-rise-budget?utm_source=chatgpt.com\">Lancashire Business View<\/a>)<\/li>\n<li><strong>Mixed impact on households:<\/strong> On one hand, removing the two-child cap and freezing energy\/transport costs helps households. On the other, for many working or middle-income persons and investors, disposable income may shrink. (<a title=\"Rachel Reeves says budget will cut living costs after shock ...\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-poised-to-unveil-tax-rises-worth-26bn-in-budget-figures-reveal?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li><strong>Richer households more targeted:<\/strong> The \u201cmansion tax\u201d, higher property income tax and taxes on wealth\/savings signal a tilt toward asking wealthier individuals to carry more of the fiscal burden. (<a title=\"From mansion tax to cash ISA changes: Key announcements in Reeves\u2019 Budget\" href=\"https:\/\/www.independent.co.uk\/news\/uk\/politics\/budget-2025-tax-rises-rachel-reeves-obr-leak-b2872847.html?utm_source=chatgpt.com\">The Independent<\/a>)<\/li>\n<li><strong>Austerity is (officially) over \u2014 but fiscal discipline remains:<\/strong> The government claims this is not another round of austerity; the tax rises are paired with planned investments in public services instead of spending cuts. (<a title=\"Rachel Reeves' Budget raises tax take to all-time high\" href=\"https:\/\/www.ft.com\/content\/f8a8ad84-e351-4c7b-aa90-e5ce2bf665b4?utm_source=chatgpt.com\">Financial Times<\/a>)<\/li>\n<\/ul>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"_Risks_Criticisms_What_Could_Go_Wrong\"><\/span>\u00a0Risks, Criticisms &amp; What Could Go Wrong<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Freezing thresholds and increasing levies on non-wage incomes could disincentivize saving, investment, and entrepreneurship \u2014 critics warn that higher taxes on dividends and property might dampen investment incentives. (<a title=\"UK budget raises taxes by \u00a326bn, gaining investor ...\" href=\"https:\/\/www.euronews.com\/business\/2025\/11\/26\/uk-budget-raises-taxes-by-26bn-gaining-investor-approval-after-surprise-leak?utm_source=chatgpt.com\">euronews<\/a>)<\/li>\n<li>For renters and tenants, the \u201cmansion tax\u201d and increased property-related taxes may lead landlords to raise rents or reduce supply, with potential knock-on effects on housing affordability. (<a title=\"UK budget hikes taxes by almost \u20ac30bn \u2013 hitting homes, ...\" href=\"https:\/\/www.independent.ie\/business\/world\/uk-budget-hikes-taxes-by-almost-30bn-hitting-homes-gambling-and-investments\/a1612779864.html?utm_source=chatgpt.com\">Independent<\/a>)<\/li>\n<li>Some worry that the increased burden on a broader base (not just the wealthy) will hurt \u201cordinary working people,\u201d especially if wage growth is weak. (<a title=\"Reeves asks 'everyone to make contribution' in Budget tax ...\" href=\"https:\/\/uk.finance.yahoo.com\/news\/live-chancellor-rachel-reeves-expected-113410841.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>Economic growth forecasts have been revised downward after the budget announcement, reducing the \u201cfiscal headroom\u201d and making the long-term fiscal outlook more fragile. (<a title=\"How serious is the OBR's downgrade for the UK's medium- ...\" href=\"https:\/\/cryptorank.io\/news\/feed\/6b000-how-serious-is-the-obrs-downgrade-for-the-uks-medium-term-economy?utm_source=chatgpt.com\">CryptoRank<\/a>)<\/li>\n<\/ul>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"_Why_the_Government_Did_It_%E2%80%94_What_Theyre_Betting_On\"><\/span>\u00a0Why the Government Did It \u2014 What They\u2019re Betting On<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The government argues the \u201cold era\u201d of austerity is over \u2014 instead, this budget aims to restore public services (health, housing, social welfare), and invest in infrastructure, while ensuring fairness via higher taxes on wealth and assets. (<a title=\"Budget 2025: key points at a glance\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/budget-2025-key-points-rachel-reeves?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>From their view, dragging more people into tax and tapping non-wage income sources helps broaden support \u2014 spreading the burden across both wage earners and those with wealth\/assets. (<a title=\"Reeves delivers \u00a326bn tax rise Budget\" href=\"https:\/\/www.lancashirebusinessview.co.uk\/latest-news-and-features\/reeves-delivers-26bn-tax-rise-budget?utm_source=chatgpt.com\">Lancashire Business View<\/a>)<\/li>\n<li>By lifting the two-child benefit cap, increasing the minimum wage (for younger\/low-paid workers), offering energy\/transport relief \u2014 they aim to soften the blow for lower-income and working-class households. (<a title=\"Rachel Reeves says budget will cut living costs after shock ...\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-poised-to-unveil-tax-rises-worth-26bn-in-budget-figures-reveal?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>The extra revenues are partly meant to build a \u201cfiscal buffer\u201d \u2014 possibly to guard against economic shocks, deal with rising debt interest costs, and ensure stability amid global economic uncertainty. (<a title=\"Budget live blog: Rachel Reeves raises taxes by \u00a326bn\" href=\"https:\/\/uk.finance.yahoo.com\/news\/budget-live-blog-reeves-income-tax-085659702.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>Good idea \u2014 here are several <strong>case studies + reactions \/ commentary<\/strong> for how Rachel Reeves\u2019 2025 UK Budget \u2014 raising ~\u00a326 bn in taxes to fund ~\u00a311.3 bn in new spending \u2014 could play out across different types of households, investors, and social groups. I also include what experts, markets, and critics are saying.<br \/>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"_Illustrative_Case_Studies_%E2%80%94_Who_Wins_Who_Loses\"><\/span>\u00a0Illustrative Case Studies \u2014 Who Wins, Who Loses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Household_A_%E2%80%94_A_young_middle-income_earner_35%E2%80%9345_k_salary\"><\/span><strong>Household A \u2014 A young middle-income earner (\u00a335\u201345 k salary)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Because of the extended freeze on income-tax and National Insurance thresholds, as pay increases with inflation, this person may be pulled into a higher tax band over the coming years. (<a title=\"Rachel Reeves targets UK\u2019s wealthiest in \u00a326bn tax-raising budget | Budget 2025 | The Guardian\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-targets-uks-wealthiest-in-26bn-tax-raising-budget?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>For example: some analyses estimate that a typical \u201cmiddle earner on \u00a340 000\u201d could end up paying roughly <strong>\u00a3350 more per year<\/strong> by 2028 than under previous tax-band adjustments. (<a title=\"UK Budget 2025: Reeves unveils \u00a326B in tax increases to fund \u00a311.3B in new spending By Invezz\" href=\"https:\/\/uk.investing.com\/news\/stock-market-news\/uk-budget-2025-reeves-unveils-26b-in-tax-increases-to-fund-113b-in-new-spending-4392257?utm_source=chatgpt.com\">Investing.com UK<\/a>)<\/li>\n<li>Outcome: modest drop in disposable income \u2014 living costs may rise, making budget tight for basics, saving, or discretionary spending.<\/li>\n<\/ul>\n<p><strong>Bottom line:<\/strong> modest earners \u2014 often working professionals \u2014 are hit by \u201cfiscal drag\u201d which erodes real income over time, even without explicit tax-rate increases.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Household_B_%E2%80%94_A_family_with_children_relying_partly_on_benefits_welfare_support\"><\/span><strong>Household B \u2014 A family with children relying partly on benefits \/ welfare support<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The Budget ends the \u201ctwo-child benefit cap,\u201d meaning larger families (with 3+ children) could see increased welfare support. The government expects this to lift many children out of poverty. (<a title=\"Rachel Reeves targets UK\u2019s wealthiest in \u00a326bn tax-raising budget | Budget 2025 | The Guardian\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-targets-uks-wealthiest-in-26bn-tax-raising-budget?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>Combined with other cost-of-living easing measures (some subsidy\/relief efforts, per the Budget speech), such households may benefit. (<a title=\"Five key takeaways from the UK\u2019s tax-and-spending budget | Politics News | Al Jazeera\" href=\"https:\/\/www.aljazeera.com\/news\/2025\/11\/26\/five-key-takeaways-from-the-uks-tax-and-spending-budget?utm_source=chatgpt.com\">Al Jazeera<\/a>)<\/li>\n<\/ul>\n<p><strong>Bottom line:<\/strong> Low-income or benefit-dependent families may gain relief or support under the new spending side \u2014 so this Budget could improve their short-term welfare and reduce economic inequality.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Household_C_%E2%80%94_Middle-to-upper_income_saver_small_investor_dividends_property_income_pension_contributions\"><\/span><strong>Household C \u2014 Middle-to-upper income saver \/ small investor (dividends, property income, pension contributions)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The Budget raises taxes on \u201cnon-wage income\u201d: dividend, savings and property income tax rates go up by 2 percentage points. (<a title=\"Reeves delivers \u00a326bn tax rise Budget\" href=\"https:\/\/www.lancashirebusinessview.co.uk\/latest-news-and-features\/reeves-delivers-26bn-tax-rise-budget?utm_source=chatgpt.com\">Lancashire Business View<\/a>)<\/li>\n<li>From April 2029, \u201csalary-sacrifice\u201d pension contributions above \u00a32,000 per year will be subject to NIC (National Insurance), reducing net benefit for those contributing heavily to pensions. (<a title=\"Reeves delivers \u00a326bn tax rise Budget\" href=\"https:\/\/www.lancashirebusinessview.co.uk\/latest-news-and-features\/reeves-delivers-26bn-tax-rise-budget?utm_source=chatgpt.com\">Lancashire Business View<\/a>)<\/li>\n<li>Also, there\u2019s a \u201cmansion tax\u201d on homes worth over \u00a32 m, plus new levies on property and savings income. (<a title=\"Reeves delivers \u00a326bn tax rise Budget\" href=\"https:\/\/www.lancashirebusinessview.co.uk\/latest-news-and-features\/reeves-delivers-26bn-tax-rise-budget?utm_source=chatgpt.com\">Lancashire Business View<\/a>)<\/li>\n<\/ul>\n<p><strong>Bottom line:<\/strong> Those relying on investments, pensions, or property-derived income \u2014 including landlords, retirees, and asset-rich households \u2014 are likely to see their returns reduced. This may affect long-term savings, investment planning, and wealth accumulation.<\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"Scenario_%E2%80%94_Government_Public_Services_Welfare_Recipients\"><\/span><strong>Scenario \u2014 Government \/ Public Services \/ Welfare Recipients<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The extra tax revenue is earmarked for public-service spending: more support for welfare (benefits, families), possibly better funding for healthcare, housing or public infrastructure. (<a title=\"Autumn Budget 2025 live commentary - PwC UK\" href=\"https:\/\/www.pwc.co.uk\/budget\/budget-live-commentary.html?utm_source=chatgpt.com\">PwC<\/a>)<\/li>\n<li>Government\u2019s fiscal buffer (headroom) increases \u2014 making public finance more resilient against shocks, reducing likelihood of future austerity measures. (<a title=\"Five key takeaways from the UK\u2019s tax-and-spending budget | Politics News | Al Jazeera\" href=\"https:\/\/www.aljazeera.com\/news\/2025\/11\/26\/five-key-takeaways-from-the-uks-tax-and-spending-budget?utm_source=chatgpt.com\">Al Jazeera<\/a>)<\/li>\n<\/ul>\n<p><strong>Bottom line:<\/strong> In the medium-to-long term the Budget could deliver improved services and social support \u2014 especially benefiting lower-income and vulnerable groups.<\/p>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"_Reactions_Commentary_%E2%80%94_What_Experts_Markets_Critics_Say\"><\/span>\u00a0Reactions &amp; Commentary \u2014 What Experts, Markets &amp; Critics Say<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"_Support_and_Market_Confidence\"><\/span>\u00a0Support and Market Confidence<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Some investors reacted positively: fiscal headroom (now ~\u00a322 bn) increases government credibility and reduces near-term borrowing risks. (<a title=\"UK budget raises taxes by \u00a326bn, gaining investor approval after surprise leak | Euronews\" href=\"https:\/\/www.euronews.com\/business\/2025\/11\/26\/uk-budget-raises-taxes-by-26bn-gaining-investor-approval-after-surprise-leak?utm_source=chatgpt.com\">euronews<\/a>)<\/li>\n<li>For certain groups \u2014 low-income families or benefit recipients \u2014 the combination of budget support and benefit expansion is considered a win. (<a title=\"Rachel Reeves targets UK\u2019s wealthiest in \u00a326bn tax-raising budget | Budget 2025 | The Guardian\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-targets-uks-wealthiest-in-26bn-tax-raising-budget?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_Criticism_%E2%80%9CStealth_taxes%E2%80%9D_living-standards_squeeze_broken_promises\"><\/span>\u00a0Criticism: \u201cStealth taxes,\u201d living-standards squeeze &amp; broken promises<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Many experts call the threshold freeze a \u201cstealth tax\u201d \u2014 because it raises taxes long-term without an explicit rate rise. (<a title=\"UK budget raises taxes by \u00a326bn, gaining investor approval after surprise leak | Euronews\" href=\"https:\/\/www.euronews.com\/business\/2025\/11\/26\/uk-budget-raises-taxes-by-26bn-gaining-investor-approval-after-surprise-leak?utm_source=chatgpt.com\">euronews<\/a>)<\/li>\n<li>The freeze is estimated to drag over <strong>1.7 million<\/strong> people into higher tax bands. (<a title=\"Budget 2025: Reeves announces \u00a326bn of tax rises after budget leak\" href=\"https:\/\/uk.finance.yahoo.com\/news\/budget-2025-reeves-announce-26bn-123800928.html?utm_source=chatgpt.com\">Yahoo Finance<\/a>)<\/li>\n<li>Some argue this disproportionately hits the \u201csqueezed middle\u201d \u2014 teachers, nurses, police officers, etc. who expected relief under a Labour government. (<a title=\"Rachel Reeves targets UK\u2019s wealthiest in \u00a326bn tax-raising budget | Budget 2025 | The Guardian\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/rachel-reeves-targets-uks-wealthiest-in-26bn-tax-raising-budget?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>On pensions: limiting pension-sacrifice benefits could undermine long-term retirement savings \u2014 many retirees or savers may end up worse off. (<a title=\"UK budget raises taxes by \u00a326bn, gaining investor approval after surprise leak | Euronews\" href=\"https:\/\/www.euronews.com\/business\/2025\/11\/26\/uk-budget-raises-taxes-by-26bn-gaining-investor-approval-after-surprise-leak?utm_source=chatgpt.com\">euronews<\/a>)<\/li>\n<li>Others warn that freezing thresholds and higher taxes on savings\/investments will hurt incentives to save or invest, possibly dampening future economic growth. (<a title=\"The problems with Reeves\u2019 \u00a326bn patchwork of tax hikes - Investors' Chronicle\" href=\"https:\/\/www.investorschronicle.co.uk\/content\/87f90dbc-977b-4ca9-8316-b5cf0afcc3aa?utm_source=chatgpt.com\">Investors&#8217; Chronicle<\/a>)<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_Growth_fiscal_risks_and_public-finance_vulnerability\"><\/span>\u00a0Growth, fiscal risks, and public-finance vulnerability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The government\u2019s official forecaster \u2014 Office for Budget Responsibility (OBR) \u2014 cautioned that even with the tax hikes, the UK\u2019s public finances remain \u201cvulnerable.\u201d (<a title=\"OBR warns Reeves's budget still leaves public finances in 'vulnerable' position\" href=\"https:\/\/www.theguardian.com\/uk-news\/2025\/nov\/26\/obr-rachel-reeves-budget-public-finances-vulnerable-growth-forecast?utm_source=chatgpt.com\">The Guardian<\/a>)<\/li>\n<li>Lower medium-term economic growth projections: the extra tax burden may further strain household spending and consumption. (<a title=\"UK unveils significant tax rises in budget after \u2018shambolic\u2019 forecast leak | Business and Economy News | Al Jazeera\" href=\"https:\/\/www.aljazeera.com\/news\/2025\/11\/26\/uk-unveils-significant-tax-rises-in-budget-after-shambolic-forecast-leak?utm_source=chatgpt.com\">Al Jazeera<\/a>)<\/li>\n<li>Critics say the Budget lacks structural economic vision \u2014 it patches holes today, but long-term growth drivers remain weak. (<a title=\"UK unveils significant tax rises in budget after \u2018shambolic\u2019 forecast leak | Business and Economy News | Al Jazeera\" href=\"https:\/\/www.aljazeera.com\/news\/2025\/11\/26\/uk-unveils-significant-tax-rises-in-budget-after-shambolic-forecast-leak?utm_source=chatgpt.com\">Al Jazeera<\/a>)<\/li>\n<\/ul>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"_What_This_Budget_Suggests_Patterns_Trade-offs\"><\/span>\u00a0What This Budget Suggests: Patterns &amp; Trade-offs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The design is <strong>progressive in intention<\/strong>: tax heavier on wealth, property, investments \u2014 not basic wage earners (rates unchanged) \u2014 but in effect through \u201cfiscal drag,\u201d many wage earners will still pay more.<\/li>\n<li>The Budget mixes <strong>redistributive welfare gains<\/strong> (support for families, benefits) with <strong>broad-based revenue increases<\/strong> (on pensions, investments, property) \u2014 trying to balance fairness and fiscal discipline.<\/li>\n<li>But the trade-off is <strong>pressure on living standards<\/strong>, savings, and investment \u2014 especially for middle-income households and savers.<\/li>\n<li>It may signal a <strong>shift in UK fiscal policy<\/strong>: a move away from austerity cuts, toward higher taxes + public investment \u2014 but at the cost of higher tax burden and possible economic drag.<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u00a0What Reeves announced The Budget raises \u00a326 billion in extra tax revenue (by 2029\u201330) to help fund new spending and shore up public finances&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,6],"tags":[],"class_list":["post-981760","post","type-post","status-publish","format-standard","hentry","category-gb-news","category-uk-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending - UK News &amp; Updates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending - UK News &amp; Updates\" \/>\n<meta property=\"og:description\" content=\"&nbsp; \u00a0What Reeves announced The Budget raises \u00a326 billion in extra tax revenue (by 2029\u201330) to help fund new spending and shore up public finances....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\" \/>\n<meta property=\"og:site_name\" content=\"UK News &amp; Updates\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-27T14:19:53+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/ukpostcode.org\/content\/#\/schema\/person\/5529805dee92503827c0c27ed13d55a3\"},\"headline\":\"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending\",\"datePublished\":\"2025-11-27T14:19:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\"},\"wordCount\":1476,\"publisher\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/#organization\"},\"articleSection\":[\"GB News\",\"UK News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\",\"url\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\",\"name\":\"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending - UK News &amp; Updates\",\"isPartOf\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/#website\"},\"datePublished\":\"2025-11-27T14:19:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ukpostcode.org\/content\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ukpostcode.org\/content\/#website\",\"url\":\"https:\/\/ukpostcode.org\/content\/\",\"name\":\"UK News &amp; Updates\",\"description\":\"UK Post Code\",\"publisher\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ukpostcode.org\/content\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ukpostcode.org\/content\/#organization\",\"name\":\"UK News &amp; Updates\",\"url\":\"https:\/\/ukpostcode.org\/content\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ukpostcode.org\/content\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ukpostcode.org\/content\/wp-content\/uploads\/2023\/09\/cropped-uk-logo-1.png\",\"contentUrl\":\"https:\/\/ukpostcode.org\/content\/wp-content\/uploads\/2023\/09\/cropped-uk-logo-1.png\",\"width\":307,\"height\":85,\"caption\":\"UK News &amp; Updates\"},\"image\":{\"@id\":\"https:\/\/ukpostcode.org\/content\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ukpostcode.org\/content\/#\/schema\/person\/5529805dee92503827c0c27ed13d55a3\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ukpostcode.org\/content\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6aac6e3af4be1d6689e924bbaccd84fc0cc6c5f6680490dc6f0a1f09b87d57f1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6aac6e3af4be1d6689e924bbaccd84fc0cc6c5f6680490dc6f0a1f09b87d57f1?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/ukpostcode.org\/content\"],\"url\":\"https:\/\/ukpostcode.org\/content\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending - UK News &amp; Updates","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/","og_locale":"en_US","og_type":"article","og_title":"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending - UK News &amp; Updates","og_description":"&nbsp; \u00a0What Reeves announced The Budget raises \u00a326 billion in extra tax revenue (by 2029\u201330) to help fund new spending and shore up public finances....","og_url":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/","og_site_name":"UK News &amp; Updates","article_published_time":"2025-11-27T14:19:53+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#article","isPartOf":{"@id":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/"},"author":{"name":"admin","@id":"https:\/\/ukpostcode.org\/content\/#\/schema\/person\/5529805dee92503827c0c27ed13d55a3"},"headline":"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending","datePublished":"2025-11-27T14:19:53+00:00","mainEntityOfPage":{"@id":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/"},"wordCount":1476,"publisher":{"@id":"https:\/\/ukpostcode.org\/content\/#organization"},"articleSection":["GB News","UK News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/","url":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/","name":"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending - UK News &amp; Updates","isPartOf":{"@id":"https:\/\/ukpostcode.org\/content\/#website"},"datePublished":"2025-11-27T14:19:53+00:00","breadcrumb":{"@id":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ukpostcode.org\/content\/uk-budget-2025-reeves-announces-26b-in-tax-hikes-to-support-11-3b-in-new-public-spending\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ukpostcode.org\/content\/"},{"@type":"ListItem","position":2,"name":"UK Budget 2025: Reeves announces \u00a326B in tax hikes to support \u00a311.3B in new public spending"}]},{"@type":"WebSite","@id":"https:\/\/ukpostcode.org\/content\/#website","url":"https:\/\/ukpostcode.org\/content\/","name":"UK News &amp; Updates","description":"UK Post Code","publisher":{"@id":"https:\/\/ukpostcode.org\/content\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ukpostcode.org\/content\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ukpostcode.org\/content\/#organization","name":"UK News &amp; Updates","url":"https:\/\/ukpostcode.org\/content\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ukpostcode.org\/content\/#\/schema\/logo\/image\/","url":"https:\/\/ukpostcode.org\/content\/wp-content\/uploads\/2023\/09\/cropped-uk-logo-1.png","contentUrl":"https:\/\/ukpostcode.org\/content\/wp-content\/uploads\/2023\/09\/cropped-uk-logo-1.png","width":307,"height":85,"caption":"UK News &amp; Updates"},"image":{"@id":"https:\/\/ukpostcode.org\/content\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ukpostcode.org\/content\/#\/schema\/person\/5529805dee92503827c0c27ed13d55a3","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ukpostcode.org\/content\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6aac6e3af4be1d6689e924bbaccd84fc0cc6c5f6680490dc6f0a1f09b87d57f1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6aac6e3af4be1d6689e924bbaccd84fc0cc6c5f6680490dc6f0a1f09b87d57f1?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/ukpostcode.org\/content"],"url":"https:\/\/ukpostcode.org\/content\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/posts\/981760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/comments?post=981760"}],"version-history":[{"count":1,"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/posts\/981760\/revisions"}],"predecessor-version":[{"id":981761,"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/posts\/981760\/revisions\/981761"}],"wp:attachment":[{"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/media?parent=981760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/categories?post=981760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ukpostcode.org\/content\/wp-json\/wp\/v2\/tags?post=981760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}