Spring Budget 2025 Bbc. Inflation has fallen from 11% to 4% vat registration threshold increased from £85k to £90k. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election.
Here is a summary of the main announcements. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election.
