Chancellor Rachel Reeves has unleashed one of the boldest and most controversial budgets in British history. In this video, we break down the dramatic 2025 UK Budget announcement — from massive tax hikes to major welfare reforms — and its seismic impact on households, investors, and the political landscape.
🔍 Key Highlights:
£26 billion in new taxes
Freezing income tax thresholds until 2031
New “Mansion Tax” on luxury properties
Reduced ISA limits and higher dividend taxes
Abolishment of the two-child benefit cap
Minimum wage increases and fuel duty freeze
OBR leak scandal and political fallout
From fiscal drag to social equity, discover how Reeves’ “tax big, spend big” agenda is transforming Britain’s economy — and dividing public opinion. Is this the dawn of a new Labour era or a gamble that risks backfiring before the next general election?
Credit to : British Outlook