Search results
Results From The WOW.Com Content Network
£370m increase in spending for Scotland, Wales and Northern Ireland reflecting increases for England. [19] NHS budget to increase by £2.5bn in 2025, with the NHS receiving £3.4bn up to 2030 to improve productivity. [19] Increase in the cut-off point for child benefit eligibility for a household's highest earner from £50,000 to £60,000. [19]
The budget involved £40 billion of tax rises from 2025 and £70 billion over the next 3 years to allow more spending and investment over the next 3 years. [14] [15] It was announced 2 days before that the minimum wage is to rise by 6.7% to £12.21 an hour. This was confirmed in the budget. [16] [17] [18]
Rachel Reeves will have to raise taxes further in the coming years despite her Budget on Wednesday containing £40bn of tax increases, a top economist has warned.
Council tax payers in Kent will see their bills increase by 4.99% from April. It means the average Band D tax payer will need to find an extra £6.40 a month or just over £76 a year more to pay ...
Reduction in tax-free allowances for dividends and capital gains tax in both 2023 and 2024 [18] Local authorities given the power to annually increase council tax by up to 5% without a local referendum instead of the current 3% [18] Household Energy Price Guarantee extended until April 2024, but threshold raised from £2,500 to £3,000 [18]
“[The] year 2025 is likely to be a bloodbath for the UK retail sector. The Autumn Budget means retailers will face a significant increase in employee costs and many will not be able to offset this.
UK Government borrowing was forecast to fall from 4.5% of GDP in 2023–24 to 3% in 2024–25, followed by 2.7% in 2025–26, 2.3% in 2026–27, 1.6% in 2027–28 and 1.1% in 2028–29. [ 19 ] Addressing the House of Commons , Hunt said his autumn statement would contain 110 growth measures, with the government having "taken difficult decisions ...
The UK government publishes a list of 100 proposed locations for potential new towns in England, with Housing Minister Matthew Pennycook saying work on them will begin before the next general election. [83] 14 February – The UK government scraps the role of independent adviser on political violence, created before the last general election. [84]