Following the ONS’s Q2 data, policy institutes emphasised that the UK’s fundamental fiscal trade-offs remain acute.
The Resolution Foundation noted that GDP per head has risen by 0.7% since the election but warned that revenue pressures, public-service demands and investment needs will constrain the Chancellor’s room for manoeuvre.
With the government prioritising productivity and planning reforms to raise trend growth, the Autumn Budget is expected to focus on targeted investment, skills and measures to mobilise private capital, including via pensions.
Yet the combination of elevated debt-interest costs, demographic pressures and a desire to maintain fiscal credibility under the rules implies limited scope for broad tax cuts; indeed, tax-base reforms and relief retargeting are under discussion.
For markets, credible medium-term plans are key to anchoring gilt term premia and supporting sterling.
For households and businesses, clarity on allowances, investment incentives and energy policies will shape confidence.
The debate also intersects with regulators’ agendas on utilities and financial services, where consumer protection and investment imperatives must be balanced.
In short, better near-term growth has not eliminated the structural choices confronting fiscal policy into 2026.
Chancellor Rachel Reeves has pledged to make boosting the UK's productivity a key focus of her upcoming Autumn Budget.
UK economy grew 0.3% in Q2 2025, beating expectations amid tariff and jobs headwinds.
The UK economy expanded by 0.3% in Q2 2025, outpacing expectations and easing recession fears.
Reports suggest the UK Chancellor and Prime Minister are preparing the public for potential tax increases and reforms in the upcoming November budget to address a significant spending gap.
UK saver faces £1,080 tax bill after interest beyond £500 personal savings allowance.
Errors in gift timing triggered unexpected inheritance tax bills.
UK public sector borrowing reached £20.7 billion in June, the second-highest on record, stoking fears of a looming debt crisis.
Stocks & Shares and Cash ISAs remain tax‑efficient saving vehicles.
Expert explains how buckets and checking tax codes can boost finances.
Londoners are purchasing the lowest proportion of houses outside the capital in over a decade due to stalling local prices and the shift back to office working.
FTSE 100 property developer Berkeley Group has warned of a housing slowdown in London, forecasting further decline unless the government addresses regulatory and tax hurdles.
Amazon offers 45% discount on L'Oreal Paris Laser Renew Anti-Ageing Triple Action Eye Cream.
UK borrowing costs for 30-year debt reached 5.72%, a 27-year high, raising fears of economic decline.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
Chancellor Rachel Reeves announced the autumn budget for November 26, aiming to address a £30 billion deficit with growth measures.
Financial expert Martin Lewis has issued a strong warning against criminals who use his name and deepfake technology in 'disgraceful' online adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
The Powerball jackpot has soared to an estimated $1.3 billion, the fifth-largest in the lottery's history, after no winning ticket was sold in the latest drawing, marking the 41st consecutive drawing without a winner.
The UK's long-term borrowing costs have reached a 27-year high, fueling speculation about the government's economic credibility and the future of Chancellor Rachel Reeves following a significant government reshuffle.
Experts caution that Premium Bonds winnings may lead to unexpected tax bills depending on how they’re used.
McVitie’s introduces a new caramel-flavoured Penguin biscuit available in major UK supermarkets just in time for autumn.
Despite a wider trend of decreasing car insurance premiums in the UK, a new report indicates that prices for drivers under the age of 25 have seen a recent increase.
A major government reshuffle has fueled speculation about the future of Chancellor Rachel Reeves as the UK's long-term borrowing costs reach a 27-year high amidst broader European economic uncertainty.
The Powerball jackpot has skyrocketed to an estimated $1.3 billion after no one won the top prize in the latest drawing, marking the 41st consecutive drawing without a winner and setting up the fifth-largest jackpot in the lottery's history.
Greggs has introduced a £5 meal deal nationally along with new autumn-inspired menu items including Chicken Fajita Bake and Pumpkin Spice specials.
Financial expert Martin Lewis has issued a powerful warning against online criminals who use his name and deepfake technology in 'disgraceful' adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
New data reveals councils increasingly use one-off cash incentives to persuade private landlords to accept homeless households, costing taxpayers millions.
Councils are spending millions placing homeless families in hotels due to housing shortages, raising questions about long-term policy failures.
Clase Azul is a premium Reposado Tequila that is as famous for its elegant, hand-painted ceramic decanters as it is for its contents.
Formula 1's elite showcase their extravagant maritime lifestyles with multi-million pound yacht collections, from Toto Wolff's €22m vessel to Charles Leclerc's twin boats.
Following Congress’s vote to strip federal funding, public TV and radio stations race to fill budget holes with local donations, reduced network dues, and a national rescue push.
