By John Walker on March 10, 2010
The UK Chancellor of the Exchequer confirmed today that his Budget Report Statement to the House of Commons will occur on Wednesday the 24th March 2010 at 12.30 pm.
news source: http://www.hm-treasury.gov.uk/budget2010.htm
Posted in UK Budget |
By John Walker on December 9, 2009
The UK Chancellor of the Exchequer, Alistair Darling, introduced a temporary lower rate of VAT in last year’s pre budget report.
There was some speculation that he might have extended this reduction beyond the original term. However, in today’s pre-budget report statement to the House of Commons, he said:
I can confirm that VAT will return to [...]
Posted in Procurement, Professional and Business Services, Sales, Taxation, UK, UK Budget | Tagged Alistair Darling, Chancellor of the Exchequer |
By John Walker on December 6, 2009
British Chambers of Commerce (BCC) Economic Forecast - December 2009
Ahead of the Chancellor’s Pre-Budget Report, the British Chambers of Commerce (BCC) has today published its latest Economic Forecast. The business group, which calls itself “the National Voice of Local Business”, has made downward revisions to its GDP expectations for 2009 and 2010, but is more [...]
Posted in Economic Cycles, Employment Levels, England, Forecasts, Lending and Borrowing, Political and Economic Philosophies, Public Spending and State Aid, Scotland, Taxation, UK Budget, Wales | Tagged British Chambers of Commerce (BCC), capital investment, double-dip recession, GDP, international credit rating, labour market, public spending cuts |
By John Walker on April 22, 2009
The UK Chancellor of the Exchequer, today, announced the government’s mid-term economic forecasts and their tax and spending plans.
Amongst the measures, he announced a 50% rate of tax on incomes above £150,000.
…However, as the economy recovers and wages start to grow again, it is right that we take additional steps.
I believe that it is fair [...]
Posted in UK, UK Budget |
By John Walker on March 31, 2009
From tomorrow, 1 April, UK families will start to pay on average an additional £54 a year in tax on car fuels, the AA warns. In just over 12 months, that could rise to more than £150 extra. Millions of motorists may think this increase is being sneaked through before the Budget.
The Chancellor had postponed [...]
Posted in UK, UK Budget |
By John Walker on July 16, 2008
The Chancellor of the Exchequer, Alistair Darling MP, today announced that he is postponing the 2 pence per litre increase in fuel duty that was expected to take place on 1 October 2008.
As a result of this decision, main road fuel duty rates will remain at 50.35 pence per litre after 1 October this year. [...]
Posted in UK, UK Budget |
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