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MNHQ

Budget 2014 - watch with us!

57 replies

SarahMumsnet · 19/03/2014 11:46

So... George Osborne will be standing up to deliver this year's Budget at 12.30pm, with announcements expected on property tax, stamp duty and the personal tax allowance. Here's what you were hoping (and dreading) would come up; time to find out whether George has been reading Wink

We'll be watching the Budget over here and posting about the key announcements for those who are at work unable to view the live stream; come join us, and tell us how you think he's doing ...

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MNHQ

SarahMumsnet · 19/03/2014 13:07

Extending grants for small businesses to support over 100,000+ apprenticeships

MNHQ

SarahMumsnet · 19/03/2014 13:06

Moving on to investing ... he'll set out plans for the projects that will be supported in the autumn. Today, he's approved a guarantee for the Mersey Bridge. Making an additional £140m pounds available for repairs to flood defences; £200m available, too, for road repairs.

MNHQ

SarahMumsnet · 19/03/2014 13:04

Extending help to buy scheme for the rest of the decade, and looking to build many new homes in the south east (inc garden city of 15,000 homes at Ebbsfleet) where the housing pressure is greatest.

MNHQ

SarahMumsnet · 19/03/2014 13:03

Air passenger duty to be changed: "From next year, all long haul flights will carry the lower tax rate that you now pay to fly to the United States."

MNHQ

SarahMumsnet · 19/03/2014 13:01

"Britain has to up its game on exports" - doubling lending available to exporters and cutting rates on lending by a third.

MNHQ

SarahMumsnet · 19/03/2014 13:00

it's hard to hear at points, isn't it, Sparklingbrook?

MNHQ

SarahMumsnet · 19/03/2014 12:58

"From midnight tonight anyone purchasing residential property worth over half a million pounds through a corporate envelope will be required to pay 15% stamp duty."

MNHQ

SarahMumsnet · 19/03/2014 12:58

Looking at stopping people avoiding stamp duty by buying a house through a company.

MNHQ

SarahMumsnet · 19/03/2014 12:57

Action on tax avoidance: Osborne will increase HMRC's budget to tackle non-compliance, and give them powers to collect debts from bank accts of those who refuse to pay.

MNHQ

SarahMumsnet · 19/03/2014 12:54

InMySpareTime Wink

MNHQ

SarahMumsnet · 19/03/2014 12:54

Onto welfare now: Osborne proposes to set a structural welfare cap at £119bn in 2015-16.

MNHQ

SarahMumsnet · 19/03/2014 12:52

"Difficult decisions on public pay and pensions" will be made, says Osborne.

MNHQ

SarahMumsnet · 19/03/2014 12:50

Osborne confirms that in addition to cuts this year and next, there will be cuts in the next parliament under the Tories, too

MNHQ

SarahMumsnet · 19/03/2014 12:49

MNHQ

SarahMumsnet · 19/03/2014 12:48

Ah ha - the £1 coin. One in 30 are counterfeit, says Osborne. The new one's going to be the most secure ever, he tells us (if you understand how this works, FiloPastry, please tell me!)

MNHQ

SarahMumsnet · 19/03/2014 12:45

Osborne claims that by 2018 we'll have got rid of the deficit, and have a small surplus.

MNHQ

SarahMumsnet · 19/03/2014 12:44

"Faster growth alone won't balance the books" - Osborne points explicitly to more cuts down the line.

MNHQ

SarahMumsnet · 19/03/2014 12:43

I'll keep posting OYBBK and let you know what he says!

MNHQ

SarahMumsnet · 19/03/2014 12:43

FiloPastry interesting! I've had the odd one where I've thought, this feels funny ...

MNHQ

SarahMumsnet · 19/03/2014 12:41

I expect Ed Miliband will talk about that, OYBBK

MNHQ

SarahMumsnet · 19/03/2014 12:41

Moving on to the importance of job creation/employment now ...

MNHQ

SarahMumsnet · 19/03/2014 12:40

... but he sounds a note of caution around the state of other economies, and how this will impact on ours.

MNHQ

SarahMumsnet · 19/03/2014 12:39

OBR expects UK to reach point where economy is larger than before the crash some time this year.

MNHQ

SarahMumsnet · 19/03/2014 12:38

OBR growth forecast has been revised up to 2.7% for 2014, 2.3% for 2015, 2.6% for 2016/17.

MNHQ

SarahMumsnet · 19/03/2014 12:37

after yesterday's announcements on childcare, "support for savers is at the centre of this budget"

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