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Autumn Budget 2025: What changed and what to plan for

27th November 2025

Chancellor Rachel Reeves gave her second Budget speech on 26 November 2025. After much worry and speculation, there were thankfully no changes announced to the rules around pension tax relief and tax-free cash.

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Rachel Reeves carrying a red case

Key changes from Rachel Reeves’ Budget 2025

26th November 2025

Many of the rumoured changes did not materialise, but the combination of further frozen income tax bandings, increases to dividend, saving and property income tax and reduced cash ISA allowances, will make financial planning more important than ever.

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Blue box with Citywire NMA logo in white

Citywire NMA Top 100 Firm for 7th Year

25th November 2025

The Private Office has once again been recognised as one of Citywire New Model Adviser’s Top 100 Firms for 2025, marking our seventh consecutive year on this prestigious list.

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The Private Office, TPO, TPO Wealth, and TPO Invest are trading names of The Private Office Limited (company number 10226899), which is authorised and regulated by the Financial Conduct Authority (FCA), firm reference number 789482. 

Investment Champion Online Limited is an Appointed Representative of The Private Office Limited, which is authorised and regulated by the FCA. Both companies are registered in England and Wales with a registered office at 2 The Bourse, Leeds LS1 5DE. 

Our details may be checked on the FCA Financial Services Register at https://register.fca.org.uk/. Please note that the Financial Conduct Authority (FCA) does not regulate cash flow planning, estate planning, tax or trust advice.