Budget 2012: The main points

George Osborne has delivered the 2012 Budget; he opened by saying that the Budget would “reward work” and that Britain “is going to earn its way in the world”. He also said that it was a Budget for families and was “unashamedly on the side of business and aspiration.” So, what were the main points? How will you be affected? The main headlines were created by two announcements on Income Tax, so let’s start there. Income Tax The Chancellor announced the largest ever increase in the Personal Allowance to £9,205 from April 2013. The Chancellor said that 24 million people earning below £100,000 per year ...

Budget 2011 – Reaction, who said what?

We thought we would take a look at the reaction to today’s budget, from politicians to business leaders, trade unions to economic experts, who said what? George Osborne, Chancellor of the Exchequer, "Last year's emergency Budget was about rescuing the nation's finances, and paying for the mistakes of the past. Today's Budget is about reforming the nation's economy, so that we have enduring growth and jobs in the future. And it's about doing what we can to help families with the cost of living and the high oil price."   Ed Milliband, Labour leader, “One fact says it all and he couldn't ...