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Uk Budget 2025 Bbc News. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election.

She announced tax rises worth £40bn to. At autumn budget 2025, the government is committing to one major fiscal event a year.