Old Mill’s Spring Budget Summary 2025

Chancellor Rachel Reeves delivered her response to the Spring Statement with a clear focus on economic stability, growth, and fairness. In this summary, we outline the key points from her address and what they could mean for individuals and businesses.

In this summary:

01   Government spending announcements
02   Personal tax
03   National Insurance contributions, Employment
04   Capital Gains Tax, Inheritance Tax
05   Business
06   Other matters