Important Dates

Fiscal Events:

  • Spring Statement: Wednesday, 26 March 2025. The Chancellor delivers the Spring Statement, outlining the government's economic forecasts and potential fiscal measures. ​

  • Start of the Financial Year: Tuesday, 1 April 2025. Marks the beginning of the UK government's financial year. ​

  • New Tax Year: Sunday, 6 April 2025. Commencement of the 2025-2026 tax year for individuals and businesses. ​

Tax and Duty Changes:

  • End of Stamp Duty Land Tax Reduction: Monday, 31 March 2025. The temporary reduction in Stamp Duty Land Tax for residential property purchases concludes.

  • Changes to Alcohol Duty Rates: Saturday, 1 February 2025. Alcohol Duty rates on non-draft products will increase in line with the forecast Retail Price Index (RPI) inflation figure of 3.65%.

Wage and Benefit Adjustments:

  • National Minimum Wage Increases: Tuesday, 1 April 2025. New rates for the National Living Wage and National Minimum Wage come into effect, reflecting cost-of-living adjustments.

  • Completion of Tax Credits Transition: Saturday, 5 April 2025. All tax credit claimants are expected to have transitioned to Universal Credit by this date. ​

Regulatory Reviews and Changes:

  • Regulator Performance Reviews: Starting in 2025, UK regulators will undergo twice-yearly performance reviews to streamline operations and reduce bureaucracy.

  • Review of the Financial Ombudsman Service: The UK Treasury has initiated a review of the Financial Ombudsman Service to address concerns about its role and efficiency.

Business and Economic Indicators:

  • Rail Fare Increase: Sunday, 2 March 2025. Annual adjustment of rail fares based on inflation and other economic factors.

Public Holidays:

  • New Year's Day: Wednesday, 1 January​

  • Good Friday: Friday, 18 April​

  • Easter Monday: Monday, 21 April (except Scotland)​

  • Early May Bank Holiday: Monday, 5 May​

  • Spring Bank Holiday: Monday, 26 May

  • Summer Bank Holiday: Monday, 25 August (England, Wales, and Northern Ireland); Monday, 4 August (Scotland)​

  • Christmas Day: Thursday, 25 December​

  • Boxing Day: Friday, 26 December​

Religious Observances:

  • Epiphany: Monday, 6 January​

  • St. Patrick's Day: Monday, 17 March (Northern Ireland)​

  • Palm Sunday: Sunday, 13 April​

  • Eid al-Fitr: Monday, 31 March (Islamic)

  • Passover (First Day): Sunday, 13 April (Jewish)

  • Easter Sunday: Sunday, 20 April​

  • St. George's Day: Wednesday, 23 April (England)​

  • Eid al-Adha: Saturday, 7 June (Islamic)​

  • Diwali: Wednesday, 29 October (Hindu)​

  • Hanukkah (First Day): Tuesday, 16 December (Jewish)​

  • Christmas Eve: Wednesday, 24 December​

  • Christmas Day: Thursday, 25 December​

  • Boxing Day: Friday, 26 December​

Notable Events:

  • Burns Night: Saturday, 25 January (Scotland)​

  • Mother's Day: Sunday, 30 March​

  • Father's Day: Sunday, 15 June​

  • Halloween: Friday, 31 October​

  • Bonfire Night (Guy Fawkes Night): Wednesday, 5 November​

  • Remembrance Sunday: Sunday, 9 November​

  • St. Andrew's Day: Sunday, 30 November (Scotland)​

Awareness Days:

  • World Cancer Day: Tuesday, 4 February​

  • International Women's Day: Saturday, 8 March​

  • Earth Day: Tuesday, 22 April​

  • Mental Health Awareness Week: Monday, 12 May – Sunday, 18 May

  • World Environment Day: Thursday, 5 June​

  • Black History Month: October​

  • World AIDS Day: Monday, 1 December​

Major Festivals and Events:

  • Cheltenham Festival: Tuesday, 11 March – Friday, 14 March​

  • Glastonbury Festival: Wednesday, 25 June – Sunday, 29 June​

  • Edinburgh Festival Fringe: Friday, 1 August – Monday, 25 August​

  • Notting Hill Carnival: Sunday, 24 August – Monday, 25 August​

  • London Film Festival: Wednesday, 8 October – Sunday, 19 October

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2025 Spring Statement Summarised

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26th March Spring Statement