The UK Budget 2025 confirms NHS staff pay awards already announced in May, invests £300 million in technology to reduce administrative burdens, but also signals 18,000 administrative job losses through restructuring.
The UK Budget 2025 delivers a 4.8% State Pension increase worth up to £575 annually, restores Winter Fuel Payments for those earning under £35,000, but freezes income tax thresholds until 2031, potentially pulling more pensioners into paying tax.
With a general election due before the 2029 implementation date, significant industry opposition, and the UK's long history of fiscal U-turns, there are genuine reasons to question whether the new £2,000 salary sacrifice cap will survive in its current form.
We break down the key measures from Budget 2025, including extended tax threshold freezes, salary sacrifice changes, ISA reforms, and support for pensioners and lower-income families.