Pensions

How Does the UK Budget 2025 Affect NHS Staff?

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.

How Does the UK Budget 2025 Affect Pensioners?

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.

UK Budget 2025: Key Points and Takeaways

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.