BUDGET 2014
Coverage of George Osborne's Budget speech, which starts at 12.30pm on Wednesday, March 19.
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Concluding the Budget statement, Chancellor: "This is a Budget for the makers, the doers, and the savers” #Budget2014by HM Treasury via twitter 3/19/2014 1:28:25 PM
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Good bye 10% savings rate (which low income people struggled to claim and didn't want to pay for help) #Budget2014by Helen Thornley via twitter retweeted by ArmstrongWatson 3/19/2014 1:28:15 PM
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“The message from this Budget is: you have earned it, you have saved it, and the government is on your side” #Budget2014by HM Treasury via twitter 3/19/2014 1:27:42 PM
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“And we will almost double this zero-pence band to cover £5,000 of saving income” #Budget2014by HM Treasury via twitter 3/19/2014 1:27:12 PM
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Chancellor: “Today I am abolishing the 10 pence rate for savers altogether...and turning it into a zero pence rate” #Budget2014by HM Treasury via twitter 3/19/2014 1:27:04 PM
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“What I am proposing is the most far-reaching reform to the taxation of pensions since the regime was introduced in 1921” #Budget2014by HM Treasury via twitter 3/19/2014 1:26:29 PM
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Defined contribution scheme pensions changes - no compulsion to purchase annuities is the biggest change #Budget2014by Armstrong Watson FP via twitter retweeted by ArmstrongWatson 3/19/2014 1:25:49 PM
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All tax restrictions on pension access will be removed. No-one will have to buy an annuity #Budget2014by Armstrong Watson via twitter 3/19/2014 1:25:04 PM
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“Pensioners will have complete freedom to draw down as much or as little of their pension pot as they want, anytime they want” #Budget2014by HM Treasury via twitter 3/19/2014 1:24:45 PM
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“...we will legislate to remove all remaining tax restrictions on how pensioners have access to their pension pots” #Budget2014by HM Treasury via twitter 3/19/2014 1:24:36 PM
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All you need now is some decent ISA rates and enough spare cash to fill it. #Budget2014by Helen Thornley via twitter retweeted by ArmstrongWatson 3/19/2014 1:24:18 PM
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“People who have worked hard and saved hard all their lives, & done the right thing, should be trusted with their own finances” #Budget2014by HM Treasury via twitter 3/19/2014 1:23:44 PM
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"We are grateful to all those people who have worked hard to make this happen" - greatnorthairambulance.co.uk/news/post/gnaa…by Great North Air Amb via twitter 3/19/2014 1:23:19 PM
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#Budget2014 Osborne has been going for a while now. His voice is croaking a bitby David Pickthall via twitter 3/19/2014 1:23:04 PM
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“...issued by National Savings and Investments, open to everyone aged 65 or over, and available from January next year” #Budget2014by HM Treasury via twitter 3/19/2014 1:22:12 PM
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“...we will launch the new Pensioner Bond paying market leading rates” #Budget2014by HM Treasury via twitter 3/19/2014 1:22:08 PM
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Chancellor: "We are going to make the New ISA more generous by increasing the annual limit to £15,000" #Budget2014 http://pbs.twimg.com/media/BjF8-O8CQAExg0v.png
by HM Treasury via twitter 3/19/2014 1:21:26 PM -
“So we will make ISAs simpler by merging the cash and stocks ISAs to create a single New ISA” #Budget2014by HM Treasury via twitter 3/19/2014 1:21:06 PM
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Good to see Liberal Democrats cheering a Tory Chancellor.by John Stevenson MP via twitter 3/19/2014 1:21:02 PM
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Chancellor George Osborne cuts a penny off a pint for a second year running #Budget2014 - Well done everyone!by CAMRA_Official via twitter retweeted by DPickthallNWEM 3/19/2014 1:20:55 PM
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Chancellor: “I want to help savers by dramatically increasing the simplicity, flexibility and generosity of ISAs” #Budget2014by HM Treasury via twitter 3/19/2014 1:20:44 PM
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Higher rate tax band increases to £41,865 for 2014 and £42,285 from 2015 so they get benefit of increased personal allowance #budgetby Lorraine Harnby via twitter retweeted by ArmstrongWatson 3/19/2014 1:20:37 PM
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“I am linking rate of transferable tax allowance for married couples to personal allowance, so it will also rise to £1,050” #Budget2014by HM Treasury via twitter 3/19/2014 1:19:23 PM
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Presume freeze on Scotch Whiskey duties will apply to @LakesDistillery too! #Budget2014by Helen Thornley via twitter 3/19/2014 1:18:50 PM
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No income tax on first £10,500 of earnings in increased personal allowance #Budget2014by Armstrong Watson via twitter 3/19/2014 1:18:31 PM
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Chancellor: "Next year there will be no income tax at all on the first £10,500 of your salary" #Budget2014 http://pbs.twimg.com/media/BjF8M9bCUAAfaiF.png
by HM Treasury via twitter 3/19/2014 1:18:03 PM -
Whisky duty frozen - obvious independence vote buying? #Budget2014by Andy__Mitchell via twitter retweeted by ArmstrongWatson 3/19/2014 1:17:41 PM
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Duty on Scottish whiskey frozen, also frozen on ordinary cider. #Budget2014 Beer duty will be cut again by 1p a pintby Armstrong Watson via twitter 3/19/2014 1:17:16 PM
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Chancellor: "Beer duty next week will not be frozen - it will be cut again by a penny" #Budget2014 http://pbs.twimg.com/media/BjF7-hyCYAASn2Q.png
by HM Treasury via twitter 3/19/2014 1:17:05 PM -
“To support [Scottish Whisky] industry, instead of raising duties on whisky and other spirits, I am today going to freeze them” #Budget2014by HM Treasury via twitter 3/19/2014 1:16:34 PM
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“Today, I am scrapping that escalator for all alcohol duties,” says the Chancellor #Budget2014by HM Treasury via twitter 3/19/2014 1:16:19 PM
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Bingo duty to be cut from 20% to 10% as number of bingo halls falls by 3/4 in 30 years #Budget2014by Armstrong Watson via twitter 3/19/2014 1:15:42 PM
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Chancellor: "Bingo duty will be halved to 10% to protect jobs and communities" #Budget2014 http://pbs.twimg.com/media/BjF7lFJCIAEFzKt.png
by HM Treasury via twitter 3/19/2014 1:15:21 PM -
Fuel duties frozen #Budget2014by Armstrong Watson FP via twitter retweeted by ArmstrongWatson 3/19/2014 1:14:40 PM
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Chancellor: “I can confirm that the fuel duty rise planned for September will not take place” #Budget2014by HM Treasury via twitter 3/19/2014 1:14:13 PM
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#Budget2014 Osborne - I've cut the cost of manufacturing in Britain. Half of the firms that will benefit are in the northby David Pickthall via twitter 3/19/2014 1:13:53 PM
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Energy costs reduced for most businesses in the energy intensive industries #Budget2014by Armstrong Watson FP via twitter retweeted by ArmstrongWatson 3/19/2014 1:13:30 PM
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Not many rises so far but several giveaways. Must be a sting in the tail somewhere. #Budget2014by Bob Wheatcroft via twitter retweeted by ArmstrongWatson 3/19/2014 1:13:24 PM
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Chancellor: “Today I have cut the cost of manufacturing in Britain” #Budget2014by HM Treasury via twitter 3/19/2014 1:13:06 PM
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£7bn package to reduce energy costs for manufacturing businesses #Budget2014by Andy__Mitchell via twitter retweeted by ArmstrongWatson 3/19/2014 1:12:30 PM
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Chancellor: “I’m extending the existing compensation scheme for energy intensive industries for a further 4 years to 2019-20” #Budget2014by HM Treasury via twitter 3/19/2014 1:12:15 PM
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