The 2025 Budget will be delivered today, with Chancellor Rachel Reeves set to announce a series of changes that will affect the finances of millions of UK households.

The statement will take place in the House of Commons at around 12.30pm straight after Prime Minister's Questions. The Chancellor has vowed to use the Budget to bring in measures to tackle the cost-of-living crisis , though it is expected that multiple tax rises will be introduced.

Reeves said ahead of the Budget on Wednesday: "Today I will take the fair and necessary choices to deliver on our promise of change. I will not return Britain back to austerity, nor will I lose control of public spending with reckless borrowing. And I will push ahead with the biggest drive for growth in a generation."

The Chancellor is repor

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