BONUS EPISODE: What does the Autumn Budget 2025 mean for your finances?
Description
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Labour said this year's Autumn Budget aims to address an economy that's "not working well enough for working people". But will the changes they've announced leave you better off?
Before Budget day, analysts were estimating that the government was facing a £30 billion shortfall. The challenge for Chancellor Rachel Reeves was to fill that hole while balancing economic growth and fairness.
Join our host, Philippa Lamb, and our expert guest as they unpack exactly what the Chancellor announced and what it means for your savings:
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Founder and CEO of Boring Money, Holly Mackay.
Episode breakdown:
02:07 Changes to take-home pay and cost of living
04:39 Impact of raised National Insurance and Minimum Wage for employers
07:45 How will homeowners and landlords be hit by the Budget?
10:08 What's been announced about savings, investments and pensions?
13:55 With Christmas around the corner, any good news for families?
Further reading:
To learn more about taxes, pensions and savings, check out these articles from PensionBee:
- Bonus episode transcript (Blog)
- How does inflation affect pensions? (Blog)
- Should I pay my bonus into my pension? (Blog)
- Sole trader vs limited company: how do the tax savings stack up? (Blog)
- Three ways to use your tax-free lump sum (Blog)
- What does the Autumn Budget 2025 mean for your pension? (Blog)
- What is a salary sacrifice pension? (Article)
Other useful resources:
- Autumn Budget 2025: A summary (GOV.UK)
- Making pension contributions (PensionBee)
- What is an ISA? (PensionBee)
- What is a Cash ISA? (PensionBee)
- What is a Lifetime ISA (LISA)? (PensionBee)
- What is a Stocks and Shares ISA? (PensionBee)
- What is the State Pension? (PensionBee)
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Follow Boring Money (@boringmoney) on X, Instagram, TikTok, Facebook and LinkedIn.
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