It’s Budget Day again! Let’s see what delights the Government have in store for us.
For additional commentary on the Budget.
BBC News Special Report: Budget 2011
The Guardian news coverage of the Budget
Budgets from the Archive
BBC News coverage of previous Budgets
And just in case you’re interested…
BBC News Profile of the Chancellor, George Osborne
These documents were published in October 2010.
“Spending Reviews are the way that government sets spending plans for each department over a period of several years. Departmental spending covers the full range of government activities. It includes defence and welfare payments, business support and environmental protection, as well as the funding of schools and hospitals.
The Budget in June set out the overall level of public spending across the whole government for the four years from 2011/12 to 2014/15. The Spending Review will allocate that overall spending level to individual departments.
Before the start of the next financial year in April 2011, each department will publish details of how its new budget will change the activities and services that it delivers.”
The key points of the Spending Review, and some additional reaction and analysis are detailed on the BBC website.
This report was published in June 2010.
So what does the Coalition Government’s emergency budget have in store for us? A VAT rise and cuts to welfare and other spending doesn’t bode well for many of us. But Chancellor George Osborne assures us that it is all necessary for a “brighter future”.
The BBC has a helpful summary of the budget’s key points, and it also has a useful budget calculator so you can see how the budget will affect you.
Lots to think about and lots to comment on…
Image taken from HM Treasury website
This report was published 24th March 2010.
“A Budget for Recovery” is how it has been described by the Chancellor. Stamp duty cut for first-time buyers, 3p rise in fuel duty, and £2.5bn support for small businesses are just a few of the highlights.
But how will the budget affect you this time around? Feel free to give us your tuppence worth (if you have it to spare!).
It’s Budget Day! The Chancellor of the Exchequer, Alistair Darling, will announce the last budget before the general election expected to be held in May. But what delights will it have in store for us? Check out this YouTube Budget Preview published by the Treasury yesterday to find out.
