{"id":7660,"date":"2025-11-26T21:20:07","date_gmt":"2025-11-26T21:20:07","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=7660"},"modified":"2025-11-27T09:46:43","modified_gmt":"2025-11-27T09:46:43","slug":"housing-and-infrastructure","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2025\/11\/26\/housing-and-infrastructure\/","title":{"rendered":"Housing and infrastructure"},"content":{"rendered":"<div class=\"hd-block hd-block-list\">\n<ul><div class=\"hd-block hd-block-list-item\">\n<li>\u00a31.3bn fund and \u00a350bn reforms will unlock housing, regenerate sites, support growth, and boost infrastructure projects.<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li>Expansion of breakfast clubs, playgrounds, libraries, and 250 Neighbourhood Health Centres strengthens education and healthcare outcomes.<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li>Changes to Universal Credit, EV taxation, duties, rail fares, energy bills, and student loans to enhance economic fairness<\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Announcements included:<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-list\">\n<ul><div class=\"hd-block hd-block-list-item\">\n<li>\u00a31.3bn from the National Housing Delivery Fund devolved to major combined authorities to unlock housing, regenerate sites and support local growth<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li>Planning reforms, including changes to the National Planning Policy Framework (NPPF), alongside skills reform and pensions reform expected to unlock \u00a350bn for business and infrastructure<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li>New infrastructure projects including \u00a3890m for the Lower Thames Crossing.<\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Education and the NHS<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Ms Reeves then turned her attention to education, noting, \u201c<em>this is a government on the side of our kids, who will back their potential<\/em>.\u201d Pledges include:<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-list\">\n<ul><div class=\"hd-block hd-block-list-item\">\n<li>Free breakfast clubs expanded, with 2,000 additional schools joining the scheme in 2026\/27<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li>\u00a318m over two years to renew up to 200 playgrounds across England<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li>\u00a35m for libraries in secondary schools, building on the \u00a310m committed for primary school libraries earlier this year.<\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Ms Reeves also announced 250 new Neighbourhood Health Centres delivered through public investment and a new public-private partnership model, as well as \u00a3300m in digital technology upgrades to improve NHS productivity and enhance patient outcomes.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Other key points<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-list\">\n<ul><div class=\"hd-block hd-block-list-item\">\n<li><strong>Removal of the two-child limit in Universal Credit<\/strong> (UC) Child Element \u2013 from April 2026<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Changes to taxation of electric vehicles<\/strong> \u2013 including a new Electric Vehicle Excise Duty (eVED) of 3p per mile for electric cars and 1.5p per mile for plug-in hybrid cars, with effect from April 2028<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Tobacco Duty rates<\/strong> &#8211; to increase by RPI inflation +two percentage points from 6pm on Budget day<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Alcohol Duty rates<\/strong> &#8211; will increase in line with RPI inflation from 1 Feb 2026<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Remote Gaming Duty<\/strong> &#8211; will increase from 21% to 40% from April 2026 and a new Remote Betting Rate at 25% within General Betting Duty will be introduced from April 2027<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Student Loans<\/strong> &#8211; the Plan 2 repayment threshold will be frozen for three years from April 2027<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Air Passenger Duty<\/strong> (APD) rates &#8211; uprated in line with RPI from 1 April 2027<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Devolved government funding<\/strong> &#8211; Scottish government to receive \u00a3820m, the Welsh government \u00a3505m and the Northern Ireland Executive \u00a3370m<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Defence spending<\/strong> &#8211; the UK to spend 2.6% of GDP on defence in 2027<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Rail fares freeze<\/strong> &#8211; applicable to all regulated rail fares in England for one year starting from March 2026 (announced previously)<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Energy prices<\/strong> &#8211; a package of measures to reduce average household energy bills by \u00a3150 across Great Britain from April 2026<\/li>\n<\/div>\n\n<div class=\"hd-block hd-block-list-item\">\n<li><strong>Prescription costs &#8211; <\/strong>NHS prescription in England frozen at \u00a39.90.<\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Closing comments<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Rachel Reeves signed off her Budget saying, <em>\u201cIn the face of challenges on our productivity, I will grow our economy through stability, investment and reform. I\u2019ve met my fiscal rules and built our economic resilience for the future. I have asked everyone to contribute\u2026 for the security of our country and the brightness of its future, but I have kept that contribution as low as possible by reforming our tax system\u2026 making it fairer and stronger for the future.\u201d<\/em><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK. Tax treatment varies according to individual circumstances and is subject to change. Advice on Cash on Deposit, National Savings Products, Inheritance Tax Planning and Tax Planning are not regulated by the Financial Conduct Authority.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>All details are believed to be correct at the time of writing (26 November 2025)<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Approver Quilter Financial Limited and Quilter Financial Services Limited 27\/11\/2025<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Announcements included: Education and the NHS Ms Reeves then turned her attention to education, noting, \u201cthis is a government on the side of our kids, who will back their potential.\u201d Pledges include: Ms Reeves also announced 250 new Neighbourhood Health Centres delivered through public investment and a new public-private partnership model, as well as \u00a3300m [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[39],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/7660"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=7660"}],"version-history":[{"count":1,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/7660\/revisions"}],"predecessor-version":[{"id":7661,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/7660\/revisions\/7661"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=7660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=7660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=7660"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=7660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}