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Budget 2025 live: Rachel Reeves says tax and spending changes based on ‘fair and necessary’ choices

Chancellor to deliver fiscal statement, billed as decisive moment for fate of Starmer government, at 12.30pmTax, pensions, savings: what to expect in the budgetReeves’s high-stakes budget in five key chartsCould you do better than Reeves? Play our gameYesterday the Metropolitan police said they were not allowing a planned protest in Westminster by farmers to coincide with the budget. Farmers have been protesting regularly about the decision announced in Rachel Reeves’ budget last year to extend inheritance tax to farms.The decision was criticised by the Conservative party, who said originally the Met had indicated the protest would be allowed. Last night Victoria Atkins, the shadow environment secretary, issued a statement saying:It doesn’t smell right, particularly when we think of the regular and frequent protests that are allowed in SW1 which inconvenience motorists, residents and businesses without consideration. Is this to save the chancellor embarrassment ahead of her budget o...


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