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UK budget raises taxes on income homes and investments as Reeves prioritises fiscal headroom
UK Chancellor Rachel Reeves unveiled a budget centred on tax increases for workers, homeowners and investors to create additional borrowing space while maintaining spending commitments. Key measures included freezing income tax thresholds, imposing a surcharge on high-value properties, lifting dividend tax rates and introducing a mileage levy for electric vehicles. The budget also removed the two-child welfare cap and adjusted business rates to support retail and hospitality.
By Finblage Editorial Desk
11:45 pm
26 November 2025
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