UK Government Reports Record January Budget Surplus Driven by Tax Revenue Surge

Why did the UK government have a record budget surplus in January 2025? Find out how higher income tax and capital gains tax led to £15.4 billion more income than spending.

#UKBudget, #TaxRevenue, #EconomicNews, #GovernmentFinance, #JanuarySurplus

https://newsletter.tf/uk-government-record-january-budget-surplus-15-4-billion-due-to-tax-revenue/

The UK government's budget surplus in January 2025 was £15.4 billion, the highest ever for January. This is much higher than the £10.1 billion surplus seen in January 2024.

#UKBudget, #TaxRevenue, #EconomicNews, #GovernmentFinance, #JanuarySurplus

https://newsletter.tf/uk-government-record-january-budget-surplus-15-4-billion-due-to-tax-revenue/

UK Records Unprecedented January Budget Surplus of £30.4 Billion

UK records largest ever January budget surplus of £30.4 billion. Find out how this impacts government finances and what it means for the Spring Statement.

#UKBudget, #JanuarySurplus, #PublicFinances, #SpringStatement, #EconomicNews

https://newsletter.tf/uk-january-budget-surplus-30-4-billion-impact-spring-statement/

The UK's budget surplus in January was £30.4 billion, which is double the surplus seen in January 2025. This record figure gives the government a financial boost.

#UKBudget, #JanuarySurplus, #PublicFinances, #SpringStatement, #EconomicNews

https://newsletter.tf/uk-january-budget-surplus-30-4-billion-impact-spring-statement/

No new world order please, we’re British – POLITICO

The Canadian PM had called for middle powers to work together to …
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https://www.newsbeep.com/375703/

"So it could all just have been a fiction. A budget designed to look like a budget merely because it was that time of year. It made you wonder why we had bothered."

#UKBudget
#UKPolitics

https://www.theguardian.com/uk-news/2025/nov/27/welcome-to-the-half-real-half-fantasy-world-that-is-the-day-after-the-budget

Reeves really knows how to deliver a f-ed up budget.
No increase in fuel duty and a new pay-per-mile tax scheme that doesn't apply to combustion vehicles?
Exempting horse racing (that famously wealthy sport) from gambling tax increases?
Oh and of course no wealth tax 😒

Someone has definately shown their lack of backbone and fondness for lobbyists (definately not bribery...)
#ukbudget

Have read a free things about the budget. My favourite takeaway so far so far is “Rachael from accounts”.

Interesting to observe that the to-be-introduced per-mile EV tax will add 50% to the cost of driving at today’s rates- assuming you pay 25p/KWh and get 4 miles per KWh. Less if you’re not charging at home, mind.

I’m not too fussed. The treasury are going to lose out big time on fuel duty as EV adoption rises, this tax was only a matter of time. And by the time it comes in (when, not if) cars and batteries will have got better - lighter, more efficient, more kWh/Kg.

#UKBudget #RachaelFromAccounts #EVTax