Chancellor Rachel Reeves is set to present her first Budget to the House of Commons today, a momentous event for the new Labour government. The financial statement, delivered from the historic red box, will outline the government's tax and spending plans against a backdrop of significant economic uncertainty and public anxiety over the cost of living.
Budget Details and Timing
The Budget announcement is scheduled for around 12.30pm on Wednesday, November 26, 2025. This annual statement will include crucial forecasts for the UK economy from the independent Office for Budget Responsibility. All eyes are on the Chancellor and Prime Minister Keir Starmer, who face immense pressure to craft a budget that protects the most vulnerable households while also fostering economic growth and supporting British businesses.
Anticipated Measures and Local Impact
There is widespread speculation that Rachel Reeves may announce tax increases, a move that would mark a shift from previous pledges. The government is walking a tightrope, needing to stabilise public finances without further squeezing household incomes. Our coverage will have a special focus on how these decisions will directly affect residents and businesses in Birmingham and the Black Country.
Live Reaction and Analysis
We will be providing continuous live updates and expert reaction as the Budget details are revealed in Parliament. We encourage you to share your thoughts on the announcements in our comments section. Stay with us for comprehensive coverage of this pivotal event for the UK's economic future.
