Chancellor Rachel Reeves delivered the Labour Government’s second budget on 26 November 2025. Headline measures included:
- Introducing a High Value Council Tax Surcharge on homes worth over £2m.
- Abolishing the two-child benefit limit.
- Freezing rail fares in England for one year.
- Freezing NHS prescription charges in England for one year.
- Introducing a new mileage charge for electric and plug-in hybrid cars.
This report, created by the Dods Political Intelligence team, provides a comprehensive sector-by-sector breakdown of the November 2025 budget announcements. The report also contains a range of stakeholder reactions to the measures.
To view the full 2025 Autumn Budget report, please fill out the form below:
image source: Flickr/number10gov
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