Budget 25: The protection and health headlines

NHS, welfare reform, NI, economic inactivity and more

Cameron Roberts
clock • 2 min read

Chancellor Rachel Reeves yesterday (26 November 2025) delivered the Autumn Budget 2025, setting out the government’s spending priorities for the next 12 months.

The speech covered numerous facets of national spend but many headlines were dominated with the news that the Office for Budget Responsibility (OBR) mistakenly released its forecast 30 minutes before Reeves' speech. As always, however, NHS spending priorities took centre stage for our industry, alongside employment, welfare reforms and numerous missed opportunities for protection. NHS investment Reeves committed to reducing the NHS waiting list (which, as of September 2025, stood at 7.41 million patients) and announced investments in technology and community health centres for the h...

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