Budget 2025

The Chancellor of the Exchequer presented her Budget 2025 to Parliament on Wednesday 26 November 2025.

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Strong foundations, secure future.

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Budget 2025 in full

This is the full Budget 2025 with supporting and related documents.

Strong foundations, secure future: a Budget that delivers on the country's priorities

Rachel Reeves sets out a Budget that delivers on the change promised by the government to cut NHS waiting lists, cut debt and borrowing and cut the cost of...

Budget 2025 document

This is the full Budget 2025 document in print, web and HTML accessible versions.

Budget 2025 speech

Budget 2025 speech as delivered by Chancellor Rachel Reeves.

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• Tax Support for Entrepreneurs: Call for Evidence
  • 4 December 2025
  • Open call for evidence
• Consultation on the Introduction of Electric Vehicle Excise Duty (eVED)
  • 2 December 2025
  • Open consultation
• Strong foundations, secure future: a Budget that delivers on the country's priorities
  • 1 December 2025
  • Press release

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Documents

Announcements

• Strong foundations, secure future: a Budget that delivers on the country's priorities
  • 1 December 2025
  • Press release
• Budget brings biggest ever boost for better roads
  • 1 December 2025
  • News story
• Budget backs technology firms to start-up, scale-up and stay in Britain to drive growth and national renewal
  • 27 November 2025
  • Press release

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Guidance and regulation

• Guidance for managing government’s implicit liabilities
  • 26 November 2025
  • Guidance
• Changes to tax rates for property, savings & dividend income
  • 26 November 2025
  • Guidance
• Changes to salary sacrifice for pensions from April 2029
  • 26 November 2025
  • Guidance

See all guidance and regulation