What to expect in budget 2025: tax, VAT, pensions, savings and more


Here’s what Rachel Reeves is tipped to announce after months of speculation

Every chancellor likes to float ideas before a budget to test how they might land with the public.

However, the sheer volume of policy ideas floated – and in some cases quickly jettisoned – through the media in the run-up to Wednesday’s Westminster set-piece has set Rachel Reeves’s second budget apart.

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