1. Economic Forecast: The 2027 economic growth forecast has been lowered from 1.6% to 1%, with Trump's war on Iran threatening a global "economic storm." Fiscal policy space is projected at £15 billion, with annual government borrowing expected to be higher throughout the forecast period compared to the March forecast. 2. Household Energy Subsidies: A £100 energy subsidy will be provided to 20 million households, estimated at £2.6 billion; the VAT exemption on household electricity bills will be extended to July next year, lowering the price cap by £50; a fixed basic charge on household gas bills will be eliminated, and similar reforms are planned for other sectors. 3. Tax Adjustments: ① Increased Bank Surcharge – From January next year, the bank surcharge rate will be temporarily increased from 3% to 6% for 15 months. ② Reduced Tax Burden for Small Businesses – The threshold for small business tax exemptions in the retail, hospitality, and leisure sectors will be raised, eliminating the need for 70,000 businesses to pay business tax. ③ Increase gambling taxes – Raise the tax rate on gaming machines from 20% to 25%, and exclude gaming centers and e-cigarette shops from the business tax relief to compensate for the revenue loss caused by the aforementioned tax cuts. ④ Adjust capital gains taxes – Increase the tax rate on property income and savings income by 2 percentage points. ⑤ Reduce corporate asset disposal relief. ⑥ Establish new tax exemptions for retirees to ensure that national pensions are not taxed. ⑦ Maintain the maximum limit for Cash ISAs at £20,000. ⑧ Extend tax relief for drivers until July next year. ⑨ Suspend tariffs on more than 100 supermarket goods. 4. Defense Budget: Plans to increase defense spending to 3% of GDP by 2030, with related funding arrangements to be announced in the expenditure review; provide an additional £10 billion in economic and military support to Ukraine, in the form of loans, export financing guarantees, and emergency funds to address winter needs; the defense investment program will receive full funding. 5. Investment Budget: £20.4 billion will be provided to the UK National Wealth Fund; a new UK Data Centre Convention is planned, requiring data centres to invest in local communities; new subsidies will be established for young entrepreneurs; the skilled worker visa system and non-compete clauses are planned to be reformed; capital gains tax relief will be provided for entrepreneurs; an additional £1.5 billion will be allocated for social and affordable housing construction; and the lifelong tax-free savings account will be replaced with a first-home buyer tax-free savings account. 6. Decentralization: 100% of business tax revenue is planned to remain at the local level by the end of this decade; from next year, 20% of business tax revenue will be allocated to mayors, and from 2028, mayors will be given the power to levy a tourist tax. 7. Welfare Spending Cuts: A commitment to reduce total welfare spending is made; a response to the Milburn Report is planned for this year, with a white paper and related legislation to be published next year.