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UK Budget: Watch the Key Moments From Reeves' Speech
Bloomberg Television· 2025-11-26 14:20
Investment & Savings - The government aims to reform the ISA system, maintaining the full £20,000 allowance while designating £8,000 for investments [3] - Over 50% of the ISA markets are launching new online hubs to help people invest in Britain [3] - Someone who has invested £1,000 a year in an average stocks and shares ISA every year since 1999 would be £50,000 better off today if it put that same money into them, if they put the same money into a cash ISA [2] Taxation & Revenue - A high value Council tax surcharge is being introduced in England from 2028, an annual £2,500 charge for properties worth more than £2 million, rising to £7,500 for properties worth more than £5 million [4] - The new surcharge will raise over £400 million by 2031 and will be charged on less than the top 1% of properties [4] - The government will not increase national insurance, the basic higher or additional rates of income tax [5] Policy Changes - The government will remove the two child limit in full [5]