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Budget 2013: did you see it? What did you like/not like?

58 replies

SarahMumsnet · 20/03/2013 12:00

Morning everyone,

George Osborne will be standing up to give his 2013 Budget at 12.30pm today. With the UK experiencing its longest period of economic stagnation for a century, and the public squeezed between rising fuel costs rise, falling welfare payments and flat-lining wages, the country will be giving him its full attention. In terms of family finances it's possible that the most significant announcement for most of us has been made already: the government outlined its plans for the Tax-Free Childcare Scheme yesterday (read all about it here). But inevitably there'll be plenty more to come - look out for announcements on fuel tax, first time buyers and alcohol (dear to your hearts, we know ... )

Here's a link to the BBC's live stream; for those of you at work who can't see it, we'll post the key announcements as they happen; do tell us what they mean for you.

And for those looking for an at-a-glance rundown of what's been said, we're delighted to welcome back Mark Dampier, head of research at independent financial advisers Hargreaves and Lansdowne, who'll be sending us his bullet-point version of the Budget as soon as possible after Osborne sits down. And Will Hadwen, rights adviser at charity Working Families, which offers advice on advice on employment rights, benefits and tax credits for working parents, will be giving us a breakdown of what the Budget means from their point of view.

Off we go ...

SarahMumsnet · 20/03/2013 13:47

.. and now the BBC has cut to news, so I'll bow out. Will post links to our experts' rundowns in the thread as they come in ...

SarahMumsnet · 20/03/2013 13:45

"More of the same is not the answer" says Miliband.

SarahMumsnet · 20/03/2013 13:43

PainForLife cross-posts!

SarahMumsnet · 20/03/2013 13:42

I am mainly loving the Deputy Speaker, actually

SarahMumsnet · 20/03/2013 13:41

"Nod your head if you're getting the 50p tax cut" says Miliband to Cameron. Goady!

SarahMumsnet · 20/03/2013 13:41

oof. Osborne will see a personal tax cut of £250k, Miliband says. "Millions paying more, so that millionaires can pay less"

SarahMumsnet · 20/03/2013 13:37

"Three years, no progress - deal broken", says Miliband

SarahMumsnet · 20/03/2013 13:37

He's talking about Osborne's original 4-year plan now - and pointing out that the chancellor will borrow £200bn more than planned

SarahMumsnet · 20/03/2013 13:35

"Britain's families" paying the price for chancellor's failure, says Miliband. Apparently the OBR has confirmed that British people will be worse off in 2015 than in 2010.

SarahMumsnet · 20/03/2013 13:33

Miliband is castigating the chancellor over the growth figures - "tomorrow never comes" for Osborne, he says ...

SarahMumsnet · 20/03/2013 13:33

custardo agree - it definitely ups the ante ...

SarahMumsnet · 20/03/2013 13:32

Meglet actually properly rofl at that one ...

SarahMumsnet · 20/03/2013 13:31

a "more of the same budget from a downgraded chancellor" says Miliband ...

SarahMumsnet · 20/03/2013 13:31

LadyMaryQuiteContrary I'll take a rosette!

SarahMumsnet · 20/03/2013 13:29

But controversy from without the chamber - that Evening Standard front page (linked to upthread) which was posted online before Osborne stood up, is making everyone v cross. Red faces at the Standard, I'm guessing. Apparently the person who tweeted it has been suspended

SarahMumsnet · 20/03/2013 13:28

... and he's commended it to the house. All done. Let's see what Ed Miliband has to say.

SarahMumsnet · 20/03/2013 13:28

"the way to restore our economic prosperity is to energise the aspirations of British people". That's ASPIRATIONS. in case you missed it the first time ...

SarahMumsnet · 20/03/2013 13:27

Moominsarehippos excellent call. Will we all get special hats?

SarahMumsnet · 20/03/2013 13:26

Oh, he's back on aspiration again ... jobs and small businesses to be supported through "the largest tax cut in this budget". Cost of employing people a burden on small firms, so he's creating the "employment allowance" - first £2k of NI bill of small companies removed.

SarahMumsnet · 20/03/2013 13:24

Personal tax allowance to be raised to £10,000 next year, not at the end of parliament, as previously suggested.

SarahMumsnet · 20/03/2013 13:23

Let them drink beer ... ?

SarahMumsnet · 20/03/2013 13:22

Planned rise for all alcohol duties going ahead, with exception of beer. Planned 3p rise in beer duty tax cancelled - in fact he's going to cut it by 1p. "Penny off the pint" from Sunday night.

SarahMumsnet · 20/03/2013 13:21

Booze! he's on to booze ...

SarahMumsnet · 20/03/2013 13:21

September's fuel duty increase CANCELLED (as widely reported in advance)

SarahMumsnet · 20/03/2013 13:20

oh and from earlier - social care spending cap to be brought forward to 2016 to protect savings over £72,000

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