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Spending Review 2025 – key takeaways

June 19, 2025

On the 11th of June, the Chancellor presented Spending Review 2025, detailing the funding each government department will be allocated, for the remaining term of this parliament.

We were pleased with the following 3 announcements, which will provide much needed, additional support, to help low-income, vulnerable residents keep warm in Winter (and cool in Summer) in homes that are cheaper for them to run.

Household Support Fund

The government is establishing a new Crisis and Resilience Fund supported by £1 billion a year, to replace the Household Support Fund. This is the first ever multi-year settlement for this

The Crisis and Resilience Fund will fund councils to support some of the poorest households so that their children do not go hungry outside of term time. This longer-term funding approach enables local authorities to provide preventative support to communities – working with the voluntary and community sector – as well as to assist people when faced with a financial crisis, to support our ambition to end mass dependence on emergency food parcels.

Winter Fuel Payments

Increasing the means test threshold for Winter Fuel Payments to £35,000 from 2025-26, meaning that nine million pensioners in England and Wales will benefit from these payments this winter.

Warm Homes Plan

The Warm Homes Plan will help to cut bills for families across the country by upgrading homes through energy efficiency measures, alongside installing heat pumps and other low-carbon technologies, such as solar panels and batteries. 

To cut bills, tackle fuel poverty and accelerate to net zero, the government is funding the Warm Homes Plan with a total of £13.2 billion.

The government will work with the UK’s expert public finance institutions, including the NWF (National Wealth Fund), to support the delivery of the Warm Homes Plan. Further details will be confirmed by October.

You can read Spending Review 2025 in full, here: https://www.gov.uk/government/publications/spending-review-2025-document

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