When Is The Next Uk Budget 2025

When Is The Next Uk Budget 2025. The positioning ahead of this budget was all about tough political choices with a claimed black hole of £22 billion and public services in need of. The office for budget responsibility reckons brexit will cost the uk economy 4% of gdp in the long term.

We have downgraded our uk growth forecast, but only slightly, to 1.5% in 2025. The obr say that the current budget will be in deficit by 26.2 billion pounds in 2025/26, and 5.2 billion pounds in 2026/27, before moving into surplus of 10.9 billion pounds.