Bbc News 2025 Budget Projections

Bbc News 2025 Budget Projections. It will be one of the three hottest years on record globally, according to an outlook from the uk's met office, falling just behind 2024. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election.

The government’s official forecaster raises its prediction for uk growth in 2024 and 2025 but reduces it for later years. Energy bills have already risen in 2025 and landlords can expect more outgoings but wages, benefits and state pension payments are increasing.