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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 12:19

... and while we're twiddling our thumbs, what do people think of the new pound coin? Snazzy or token-y?

Budget 2014 - watch with us!
MNHQ

SarahMumsnet · 19/03/2014 12:31

I was astonished at that FiloPastry - I read this morning that there were 45m in circulation. Holy mackerel.

MNHQ

SarahMumsnet · 19/03/2014 12:32

Agree OYBBK - time's a-passing. Come on George ...

MNHQ

SarahMumsnet · 19/03/2014 12:33

oh, and I have a euro that I keep in my purse SPECIFICALLY for shopping trolley purposes. Hadn't considered the extent to which this is going to inconvenience me. Alas ...

MNHQ

SarahMumsnet · 19/03/2014 12:34

OK, here we go - George Osborne is standing up.

MNHQ

SarahMumsnet · 19/03/2014 12:34

"Our country still borrows too much ... today we do more to put that right"

MNHQ

SarahMumsnet · 19/03/2014 12:35

"If you're a maker, a doer or a saver, this budget is for you..." He's also looking at using this budget to reduce the deficit further, he says.

MNHQ

SarahMumsnet · 19/03/2014 12:37

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

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 12:39

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

MNHQ

SarahMumsnet · 19/03/2014 12:40

... 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 12:41

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

MNHQ

SarahMumsnet · 19/03/2014 12:41

I expect Ed Miliband will talk about that, OYBBK

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 12:43

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

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 12:45

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

MNHQ

SarahMumsnet · 19/03/2014 12:48

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 12:49

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 12:52

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

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 12:54

InMySpareTime Wink

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 12:58

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

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