Budget 2013: The headlines

Budget 2013 the headlinesGeorge Osborne’s day started with him joining Twitter, whilst in a controversial development his budget was published in the London Evening Standard even before he took to his feet. This was Mr Osborne’s fourth budget since becoming Chancellor and started in a combative tone saying: “This was a Budget for people who aspire to work hard and get on”, that he was “putting right what went so badly wrong” and he was “slowly but surely fixing the problems”. He also recognised that “progress had been ...

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 ...