George Osborne did the tour of the newsrooms today, announcing that he is a fifth of the way to finding the £11.5 billion worth of savings he is looking for in the upcoming spending review – including the last-minute cuts to departments announced on the eve of the Budget in March.
No good will come of it. That was a desperate Budget. A cut in employers’ National Insurance contributions for small companies, worth up to £2,000 a year for each employer (but not the employers of nannies). Paid for by some tax-that-isn’t-a-tax on the second state pension in 2016.
A cut in beer duty and a freeze [...]
Ed Balls, the shadow chancellor, adopted quite a good tone of welcoming many of the things in the Budget in this BBC News discussion this afternoon.
With the Chancellor’s Budget almost upon us, many businesses and indeed individuals across the country are speculating about what George Osborne will announce and how this will directly impact upon them.
It’s the traditions that make the Budget interesting. But today’s won’t be as traditional as you’d hope.
The Chancellor has a chance to help the millions hit by soaring home energy and car costs in next week’s Budget. Where have the increases hit hardest?
Official figures released this morning show that Britain’s construction industry is under pressure. The good news is that it managed growth of just 0.9 per cent in the final three months of 2012, breaking a year-long run of decline. But January’s figures revealed a 6.3 per cent slide in output, putting the industry in danger [...]
The Treasury select committee has complained that George Osborne has made the Autumn Statement a second Budget every year.
George Osborne had a surprise for us all in his Autumn Statement today
Are you like me? Are you fed up watching celebrities, politicians and socially awkward computer nerds live the sweet life while you’re home alone, elbow deep in a bag of no-brand Doritos? Are you jealous of rich people with their designer clothes and private jets and unreasonably hot girlfriends?
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