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ARTICLE · 23 DECEMBER 2025

Budget 2025: Borrowing From Tomorrow? A Future Of Work Perspective

Lewis Silkin
Lewis Silkin
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Lewis Silkin

Lewis Silkin

Joint managing partners: Jo Farmer, Richard Miskella International offices: Dublin, Hong Kong...

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In his brilliant analysis of the recent Autumn Budget, Matthew Rowbotham described it as one that "borrows from the young". It's a striking turn of phrase...

United KingdomTechnology

The UK's 2025 Budget tells a clear story: stabilisation today, uncertainty tomorrow. For employers and workforce leaders, it raises a crucial question: what future is being built, and what future is being deferred?

In his brilliant analysis of the recent Autumn Budget, Matthew Rowbotham described it as one that "borrows from the young". It's a striking turn of phrase, and perhaps an uncomfortable one, because it reframes the Budget not as a moment of fiscal housekeeping, but as a set of deliberate (though not necessarily farsighted) intergenerational choices.

Having given the Budget some time to be absorbed, it is worth stepping back to consider, through a future of work lens, what it signals beyond the immediate headlines, particularly for the UK's future workforce, skills base and long-term competitiveness.

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