Budget November 2025

[MrSwerve]

Budget 2025 live updates: Rachel Reeves to outline tax and spending changes

The chancellor will deliver her statement to MPs at 12:30 GMT, after changes to the minimum wage and the sugar tax were announced on Tuesday.

www.bbc.co.uk

Announced at 12:30 today. Get ready to bend over.

 

[Cooperman]

Yay! A thread to add a bit of cheer to the proceedings.

 

[monmouth]

She’ll change her mind by half past one.

 

[Jack2jack]

Cant wait, got my tub of Vaseline ready.

 

[Smurph]

Cant wait, got my tub of Vaseline ready.

Assume the position

 

[Ringwood]

Make or break for Reeves and Labour

 

[Ringwood]

OBR leak... error or is someone sabotaging the budget

 

[exiledclaseboy]

Someone in the OBR is getting sacked tonight.

 

[Cooperman]

Thanks to the actions of the OBR I can categorically state that I won’t be giving up my trusty diesel any time soon, and this is regardless of what Rachel has to say later.

Fućking shambles.

 

[Smurph]

No idea why she's attempting a stand up routine instead of just getting on with it.

 

[MrSwerve]

Is it just me, or is this 50% 'look what we've done already', 45% 'the conservatives are shit' and 5% actual figures?

 

[exiledclaseboy]

Is it just me, or is this 50% 'look what we've done already', 45% 'the conservatives are shit' and 5% actual figures?

That’s pretty much the format of every budget. This is what we’ve done, this is why the other lot are shit, this is what comes next.

 

[Ringwood]

Not a great budget for the online gambler who lives on haribor..

 

[Pegojack]

With reference to our EV thread discussions earlier, she's confirmed a new mileage tax to be introduced for EVs to compensate for the loss of fuel duty, but I didn't hear any detail on how it is going to be measured.

 

[monmouth]

2% extra tax on interest and dividends (but no change to ISAs?)
"Mansion" Council Tax on 2026 values (but no changes to inheritance tax)
Triple lock unscathed
Most increase by fiscal drag which will hit lower paid segments hardest.

All that hullaballoo for 3 months for this?