Moving Rates During Spring 2025 Budget 2025. Most voters want the government to safeguard or increase spending across all major public services (figure 2). This document lists the tax policy measures announced at spring budget 2025 and shows when they will be legislated.
Interest rates have peaked and should fall during 2025. In his spring budget, the chancellor announced a 2% cut to national insurance, amidst other measures on tax and spending.