BUDGET 2014

Coverage of George Osborne's Budget speech, which starts at 12.30pm on Wednesday, March 19.

3rd & 7 37yd

Chancellor: “I am capping the Carbon Price Support rate at £18 per ton of CO2 from 2016-17 for the rest of the decade” #Budget2014

by HM Treasury via twitter 3/19/2014 1:11:51 PM
Now you can buy a LOT of equipment for £500,000 on Annual Investment Allowance #Budget2014

by Helen Thornley via twitter retweeted by ArmstrongWatson 3/19/2014 1:11:03 PM
#Budget2014 Osborne - going to double investment allowance to £500,000

by David Pickthall via twitter 3/19/2014 1:10:54 PM
R&D tax credit repayment rate increased from 11% to 14.5% #Budget2014

by Andy__Mitchell via twitter retweeted by ArmstrongWatson 3/19/2014 1:10:48 PM
Almost every business in Britian will pay no tax when they invest in the future #Budget2014

by Armstrong Watson via twitter 3/19/2014 1:10:32 PM
“We’re going to double the Investment Allowance to £500,000, extend it to the end of 2015, and start it next month” #Budget2014

by HM Treasury via twitter 3/19/2014 1:09:59 PM
Oooh, £200m available for councils to fix potholes. Will Cumbria remain the forgotten county? #Budget2014

by EmilyJParsons via twitter 3/19/2014 1:08:46 PM
Chancellor: "I’m raising the rate of the R&D tax credit for loss-making small businesses from 11% to 14.5%” #Budget2014

by HM Treasury via twitter 3/19/2014 1:08:41 PM
Class 2 NIC to be moved into self assessment #Budget2014

by Andy__Mitchell via twitter retweeted by ArmstrongWatson 3/19/2014 1:08:23 PM
Good news for air ambulance fund-raisers with VAT exemption on fuel

by Dave_Helliwell 3/19/2014 1:07:43 PM
Chancellor: “I am determined that our country is going to out-compete, out-smart and out-do the rest of the world” #Budget2014

by HM Treasury via twitter 3/19/2014 1:07:05 PM
“We will found the Alan Turning Institute to ensure Britain leads the way again in the use of big data and algorithm research” #Budget2014

by HM Treasury via twitter 3/19/2014 1:06:55 PM
#Budget2014 Osborne - We will extend grants to small businesses to support apprentices

by David Pickthall via twitter 3/19/2014 1:06:55 PM
Bridge for Liverpool; Motorway improvements in South Wales; £200m for pothole repairs #Budget2014

by Armstrong Watson FP via twitter retweeted by ArmstrongWatson 3/19/2014 1:06:11 PM
£200m available for pothole repairs to improve modern infrastructure #Budget2014

by Armstrong Watson via twitter 3/19/2014 1:06:02 PM
There will be “£140m available, on top of that already provided, for immediate repairs & maintenance to damaged flood defences #Budget2014

by HM Treasury via twitter 3/19/2014 1:05:22 PM
Chancellor: “Today I have approved a £270 million guarantee for the Mersey Gateway Bridge" #Budget2014

by HM Treasury via twitter 3/19/2014 1:04:44 PM
Chancellor: “Mr Deputy Speaker, we’re also going to get Britain investing” #Budget2014

by HM Treasury via twitter 3/19/2014 1:04:16 PM
“Taken all together, the housing policies I announce today will support over 200,000 new homes for families” #Budget2014

by HM Treasury via twitter 3/19/2014 1:04:09 PM
Great week for Lockerbie. Finally getting 3G pitch and today £100k for the Lockerbie-Syracuse Trust from UK Govt. #Budget2014

by mundelld via twitter 3/19/2014 1:03:43 PM
“We are going to build the first new Garden City in almost a hundred years at Ebbsfleet” #Budget2014

by HM Treasury via twitter 3/19/2014 1:03:31 PM
“We’re extending @HelptoBuy equity loan scheme for the rest of the decade, so we get 120,000 new homes built” #Budget2014

by HM Treasury via twitter 3/19/2014 1:03:09 PM
Revised down tax receipts from North Sea #Budget2014 #indyref

by Bob Wheatcroft via twitter retweeted by ArmstrongWatson 3/19/2014 1:02:53 PM
Britian is better together - clear message ahead of Scottish Independence vote #Budget2014

by Armstrong Watson via twitter 3/19/2014 1:02:43 PM
“...we’re making further reforms to our planning system & offering half a bn pounds of finance to small house building firms” #Budget2014

by HM Treasury via twitter 3/19/2014 1:02:35 PM
#Budget2014 Cheaper global flights - backing our exporters

by Armstrong Watson via twitter 3/19/2014 1:01:25 PM
“We will also reform Air Passenger Duty ” #Budget2014

by HM Treasury via twitter 3/19/2014 1:00:15 PM
“Instead of having the least competitive export finance in Europe. We will have the most competitive” #Budget2014

by HM Treasury via twitter 3/19/2014 1:00:09 PM
“...we’re going to start with the finance we provide our exporters. We will double amount of lending available to £3 billion” #Budget2014

by HM Treasury via twitter 3/19/2014 12:59:55 PM
#Budget2014 Osborne - We need our businesses to export more, invest more and manufacture more

by David Pickthall via twitter 3/19/2014 12:59:32 PM
“Our combined goods exports to Brazil, India and China have risen faster than those of our competitors” #Budget2014

by HM Treasury via twitter 3/19/2014 12:59:17 PM
Sly MagnaCarta based dig at Miliband #Budget2014 ahead of 800th anniversary in 2015

by Armstrong Watson via twitter 3/19/2014 12:59:16 PM
Special edition News & Star - full of Budget details and with initial reaction and analysis - on sale this afternoon. Shortly after 2pm.

by Ian, News & Star 3/19/2014 12:59:15 PM
“We need our businesses to export more, build more, invest more and manufacture more” #Budget2014

by HM Treasury via twitter 3/19/2014 12:59:02 PM
Chancellor: "We will provide £20 million to support cathedral repairs" #Budget2014 http://pbs.twimg.com/media/BjF3nGYCEAAYX2B.png

by HM Treasury via twitter 3/19/2014 12:58:00 PM
Measures to stop perceived avoidance by purchasing residential properties through companies #Budget2014

by Andy__Mitchell via twitter retweeted by ArmstrongWatson 3/19/2014 12:57:24 PM
Tax avoidance schemes will no longer give cash flow advantage #Budget2014 More avoidance measures announced. ATED to apply fr £500k not £2m

by Bob Wheatcroft via twitter retweeted by ArmstrongWatson 3/19/2014 12:57:06 PM
#LIBOR fines to be donated to armed forces charities, scouts, guides, St John's etc. #Budget2014

by Armstrong Watson via twitter 3/19/2014 12:56:59 PM
#HMRC to get new powers to collect tax from those who can but refuse to pay #Budget2014

by Helen Thornley via twitter retweeted by ArmstrongWatson 3/19/2014 12:55:39 PM
Those in tax avoidance schemes must pay tax upfront to increase tax rate #Budget2014

by Armstrong Watson via twitter 3/19/2014 12:55:34 PM
Good start to the day for Chancellor. Unemployment figures are good and wage inflation creeping higher #Budget2014

by Armstrong Watson FP via twitter 3/19/2014 12:13:55 PM
Budget Day has dawned & I've already learnt that a 12 sided shape is a dodecagon. More #Budget2014 tweets from me and @ArmstrongWatson later

by Andy__Mitchell via twitter 3/19/2014 11:44:18 AM
While we're waiting for the Budget proper to get underway, you can always watch Carlisle MP John Stevenson trying his hand at being a bingo caller...

by Ian, News & Star 3/19/2014 11:33:01 AM
There are reports that the bingo industry will see the amount of tax it pays reduced from 20 per cent to 15 per cent in a bid to woo the game’s legions of female fans. Carlisle MP John Stevenson and Workington MP Sir Tony Cunningham have both been pushing for that.
The Sun newspaper reckons it will be halved to 10 per cent.

by Ian, News & Star 3/19/2014 11:30:10 AM
Mike Mullaney, area director for Lloyds Bank Commercial Banking in Cumbria, believes that as the economy improves, businesses are feeling more optimistic about their future growth prospects.
"We would like to see this budget deliver measures that will help local firms capitalise upon this renewed sense of optimism," he added.
Local companies need further encouragement to invest in plant and machinery to support future growth.An extension or an increase in the £250,000 annual investment allowance, which is due to end in January, would provide businesses with a welcome boost and give them the confidence to make capex investments, said Mr Mullaney.
“If regional businesses are to play their full part in the economic recovery there needs to be an increase in the amount the Government invests in physical infrastructure projects such as roads, railways and digital connectivity.
"An uplift in spending in these areas will allow businesses in Cumbria and other UK regions to trade more effectively and provide a boost to their long term growth prospects.”

by Ian, News & Star 3/19/2014 11:29:26 AM