Budget

The government has confirmed that it will be creating a Green Investment Bank.

The Chancellor addressed the problem that many smaller firms are experiencing when it comes to accessing credit.

Several aspects of the pensions system are to come under review as a result of announcements made in the Budget.

It has been a matter of policy for the government to reverse plans of the previous administration to push up national insurance contributions by 1 per cent as from next April.

The Chancellor has acted on long-term coalition government plans to increase the personal income tax allowance to £10,000.

The Chancellor delivered against his earlier promises to cut the rate of corporation tax.

The six-week long debate over the exact nature of the coalition government’s commitment to a hike in capital gains tax is finally over.

As had been expected, the Chancellor has chosen to raise the basic rate of VAT, from 17.5 per cent to 20 per cent.

The Chancellor has concluded his emergency Budget speech. We are now in the process of updating our Budget Report and putting together a series of news articles. However, the headline news from the Chancellor’s statement is:

The Chancellor, George Osborne has risen to his feet in the House of Commons at 12.30 pm and has embarked on what is regarded as one of the most important and far-reaching Budget speeches in a generation.