Uk News 2025 Budget. Economic growth the economy will expand 1.1 per cent in 2024, up from the 0.8 per cent forecast in march, climbing to 2.0 per cent in 2025. As part of the autumn budget, chancellor rachel reeves announced that national insurance (ni) contributions for employers will increase from 13.8% to 15% from 6 april 2025.
Budget will restore economic stability and begin a decade of national renewal, providing a boost to public investment by over ยฃ100 billion over the next five years across roads, rail, schools. Sir charles bean, the economist and former bank of england deputy governor, is being asked for his opinion on labour’s start in charge of the economy.
