UK Budget 2025: PwC comments on the Budget and the industrial strategy

  • Press Release
  • 26 Nov 2025

Rachel Taylor, government and health industries leader at PwC, said: 

“The Government has had to walk a tightrope between demonstrating fiscal discipline with delivering economic growth. While businesses may welcome the alignment of tax policies with the industrial strategy, UK companies continue to face significant regulatory demands. There is an opportunity for the government to collaborate closely with the business sector to expedite the implementation of the industrial strategy, including making substantive improvements to the regulatory environment and reducing compliance costs.”

Our full Budget reaction

About PwC

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at pwc.com.

© 2026 PwC. All rights reserved.

Contact us

Chris French

Manager, media relations, PwC United Kingdom

Tel: +44 (0)7483 434951

Media Enquiries

Press office, PwC United Kingdom

Follow us