UK Economy 26 November 2025 - 28 November 2025

The Autumn Budget has handed Premium Bonds savers a rare bit of good news – or at least, genuine hope.

From April 2027, working‑age savers will only be able to shelter £12,000 a year in cash ISAs, while pensioners keep the full £20,000 cash allowance. Here’s the full picture, the politics – and what you can do now.

The UK’s biggest independent timber distributor, National Timber Group, has collapsed into administration, triggering 561 immediate redundancies and the closure of 13 branches across England and Scotland just weeks before Christmas. Joint administrators from Alvarez & Marsal were appointed on 26 November 2025 and have begun an accelerated sale process for all or parts of the business. Construction Enquirer+2The Construction Index+2

LONDON – 26 November 2025 – Chancellor Rachel Reeves has unveiled a sweeping package of UK tax changes in the Autumn Budget, hours after an extraordinary blunder saw the Office for Budget Responsibility publish key details early on its website. The leaked document confirms tax rises building to £26bn a year by 2029–30, pushing the UK tax burden to a record share of the economy. The Guardian+2The Standard+2

As Rachel Reeves delivers her high‑stakes Autumn Budget 2025 today, one measure looms larger than almost any explicit “tax rise”: a plan to freeze income tax thresholds for longer – the classic “stealth tax” that lets inflation quietly do the work.