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All the Budget news, comment, what it means for you and more

Video Budget summary

Watch Chancellor George Osborne at the dispatch box in the Houses of Parliament announcing radical measures such as an increase in VAT and the slashing of welfare spending

Budget key points

Budget key points

Tax increases across the board: from VAT to capital gains tax. Plus big changes made to welfare including housing benefit to be capped and other areas frozen. See the key points

VAT up to 20% in 'tough' Budget
VAT up to 20% in 'tough' Budget

VAT up to 20% in 'tough' Budget

Chancellor George Osborne wielded the axe as he announced a massive £11 billion benefits squeeze and a hike in VAT to bring Britain's record deficit under control.
The speech in full

The speech in full

Do you like the idea of pouring over the more subtle nuances of language and grammatical form in Osborne's words? Reading between the lines perhaps? If so, here is the script of the Chancellor's speech in full.

Video Budget summary
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More news...

Budget is 'war on public services'
The Government has been accused of "declaring war" on public services as the Chancellor unveiled billions of pounds worth of savings and a two year pay freeze for workers.
Charities alarmed at benefits cuts
Charities have expressed alarm at Government plans to slash the UK's welfare bill by £11 billion within four years.
Booze and cigarettes duty frozen
Britain's drinkers were given a reason to raise their glasses as Chancellor George Osborne promised not to raise duties on alcohol.
Cuts and tax hikes to raise £120bn
George Osborne's emergency Budget will claw back a mammoth £120 billion in spending cuts and tax hikes from hard-pressed taxpayers over the next five years, according to figures.
Fuel duty rates frozen in Budget
Drivers have been spared any new petrol pump price pain in the Budget but motoring groups have warned of further rises to come.
Relief over Capital Gains Tax rise
News that capital gains tax (CGT) is being increased to 28% for higher earners has been met with relief.

Learn more

Labour's last Budget

Labour's last Budget
March Budget

Alistair Darling delivered Labour's last Budget as the elected Government in March. See what was announced and if the measures Labour attempted to enact make sense with hindsight

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In video

In pictures

The Chancellor promised a 'tough but fair' emergency Budget which would set Britain on the path to balance its books within five years
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What do you think?

Did Osborne get it right?






 
 

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