Budget 2015

Live coverage as Chancellor of the Exchequer George Osborne delivers his annual Budget, the last before the General Election. he is due to start his speech at 12.30pm Wednesday, March 18.

3rd & 7 37yd

there will be no unfunded spending

by anne.pickles 3/18/2015 12:37:43 PM
The OBR confirm today that at 2.6%, Britain grew faster than any other major advanced economy in the world last year. #Budget15

by HM Treasury via twitter 3/18/2015 12:37:52 PM
We’ve made major progress this Parliament. I can report the trade deficit figures published last week are the best for 15 years. #Budget15

by HM Treasury via twitter 3/18/2015 12:39:37 PM
BTW, rumours that paper tax returns are to be scrapped to help MPs with 2 or more jobs have yet to be confirmed....

by anne.pickles 3/18/2015 12:39:41 PM
Chancellor: Today I am again increasing UKTI’s resources to double the support for British exporters to China. #Budget15

by HM Treasury via twitter 3/18/2015 12:39:48 PM
A year ago, they [the OBR] forecast growth in 2015 at 2.3%. In the Autumn Statement that was revised up to 2.4%.

by HM Treasury via twitter 3/18/2015 12:40:30 PM
‘Today, I can confirm GDP growth this year is forecast to be higher still, at 2.5%. It is also revised up next year, to 2.3%.’ #Budget15

by HM Treasury via twitter 3/18/2015 12:40:40 PM
Chancellor: So the OBR report growth revised up – and their numbers confirm that growth is broadly based. #Budget15

by HM Treasury via twitter 3/18/2015 12:40:54 PM
Over the last year, the North grew faster than the South. We are seeing a truly national recovery. #Budget15

by HM Treasury via twitter 3/18/2015 12:41:44 PM
‘Britain has the highest rate of employment in its history. A record number of people in work.’ #Budget15

by HM Treasury via twitter 3/18/2015 12:42:00 PM
Unemployment to fall 5.3% this year #Budget2015

by David Allen via twitter 3/18/2015 12:43:26 PM
Chancellor: We are getting the whole of Britain back to work with a truly national recovery. #Budget15

by HM Treasury via twitter 3/18/2015 12:44:05 PM
Employment growing fastest in the North West #Budget2015

by David Allen via twitter 3/18/2015 12:44:16 PM
The Office for Budget Responsibilitty confirms that Britain's growth in 2014 was 2.6% - "faster than any other major advanced economy in the world last year".

by anne.pickles 3/18/2015 12:45:01 PM
Chancellor: ‘Now, the facts show households on average will be around £900 better off in 2015 than they were in 2010.’ #Budget15

by HM Treasury via twitter 3/18/2015 12:45:28 PM
This week we accept the recommendations of the Low Pay Commission that the National Minimum Wage should rise to £6.70 this autumn #Budget15

by HM Treasury via twitter 3/18/2015 12:45:54 PM
by Ian, News & Star 3/18/2015 12:46:22 PM
‘I am today confirming that the remit for the MPC for the coming year remains the 2% symmetric CPI inflation target.’ #Budget15

by HM Treasury via twitter 3/18/2015 12:46:50 PM
Osborne attack on Ed Miliband - he says the Labour leader predicted Britain would lose a million jobs." In fact 1.9 million jobs have been gained."

by anne.pickles 3/18/2015 12:46:52 PM
Minimum wage on course to become £8 by the end of the decade #Budget2015

by David Allen via twitter 3/18/2015 12:47:23 PM
Farmers will be able to average their incomes for tax purposes over five years #Budget15 http://pbs.twimg.com/media/CAYX4UeXIAE8fMB.png

by HM Treasury via twitter 3/18/2015 12:47:27 PM
Chancellor George Osborne delivers his Budget statement to the House of Commons

by Ian, News & Star 3/18/2015 12:48:29 PM
Osborne: "Britain's manufacturing output has grown more than four-and-a-half times faster than it did in the entire decade before the crisis. And over the last year, the North grew faster than the South, "We are seeing a truly national recovery."

by anne.pickles 3/18/2015 12:48:32 PM
Compared to the Autumn Statement, welfare bills are set to be an average of £3 billion a year lower. #Budget15

by HM Treasury via twitter 3/18/2015 12:49:02 PM
Osborne says living standards have risen over the course of the last parliament - ordinary families are around £900 better off, he says.

by anne.pickles 3/18/2015 12:49:17 PM
Today…we’re launching a sale of £13bn of mortgage assets we still hold from bailouts of Northern Rock & of Bradford and Bingley #Budget15

by HM Treasury via twitter 3/18/2015 12:49:53 PM
New 12 sided £1 coin to be rolled out... #Budget2015

by David Allen via twitter 3/18/2015 12:51:35 PM
Osborne talks of the design of the new pound coin. It will feature a rose, thistle, leek and shamrock. "We are all part of one United Kingdom," he declares.

by anne.pickles 3/18/2015 12:51:56 PM
Chancellor: The original debt target I set out in my first Budget has been met.

by HM Treasury via twitter 3/18/2015 12:52:17 PM
Chancellor: We will end this Parliament with Britain’s national debt share falling #Budget15

by HM Treasury via twitter 3/18/2015 12:52:26 PM
David Pearce's £1 coin design

by Ian, News & Star 3/18/2015 12:52:37 PM
In 2015-16, debt will be falling as a share of GDP #Budget15 http://pbs.twimg.com/media/CAYZKGFWsAAf4ky.png

by HM Treasury via twitter 3/18/2015 12:52:59 PM
‘Because national debt share is falling a yr earlier than forecast at Autumn Statement – squeeze on public spending ends a yr earlier too’

by HM Treasury via twitter 3/18/2015 12:53:59 PM
Says £13bn of the mortgage assets still held from the bailouts of Northern Rock and Bradford & Bingley are to be sold off. A further £9bn of Lloyds shares being sold, too. That significantly boosts the room for the chancellor to make spending plans - but he says that he prefers to spend this money by paying down the national debt.

by anne.pickles 3/18/2015 12:54:20 PM
"The sun is starting to shine and we are fixing the roof."

by anne.pickles 3/18/2015 12:55:02 PM
‘Today, the OBR confirm that it [the deficit] now stands at less than half of the deficit we inherited.’ #Budget15

by HM Treasury via twitter 3/18/2015 12:55:13 PM
In 2018-19, Britain will have a budget surplus of 0.2%; followed by a forecast surplus of 0.3% in 2019-20. #Budget15

by HM Treasury via twitter 3/18/2015 12:55:29 PM
Chancellor: ‘Every one of the borrowing numbers is lower than at the Autumn Statement.’ #Budget15

by HM Treasury via twitter 3/18/2015 12:55:53 PM
Borrowing set to fall to £90.2 billion this year #Budget2015

by David Allen via twitter 3/18/2015 12:56:34 PM
Osborne: the squeeze on public spending to end a year earlier, public spending will increase in 2019/20 in line with economy

by anne.pickles 3/18/2015 12:57:09 PM
"Out of the red and into the black" #Budget2015

by David Allen via twitter 3/18/2015 12:57:20 PM
Chancellor George Osborne delivers his Budget statement to the House of Commons

by Ian, News & Star 3/18/2015 12:58:24 PM
Britain will be running a surplus by 2018/19, he says, when it will be 0.2% of GDP. But it will be just £7bn by 2020, not the £23bn figure seen in the autumn statement.

by anne.pickles 3/18/2015 12:58:59 PM
Our coverage today is in association with accountancy, tax and business services firm David Allen

by Ian, News & Star 3/18/2015 12:59:54 PM
Apprenticeships have doubled #Budget2015

by David Allen via twitter 3/18/2015 1:00:24 PM
Announcing a major expansion in mental health services #Budget15 http://pbs.twimg.com/media/CAYa3jQXIAAoaVm.png

by HM Treasury via twitter 3/18/2015 1:00:29 PM
Download the #Budget15 document here - gov.uk/government/top… http://pbs.twimg.com/media/CAYjlDWW4AAOh4b.jpg

by HM Treasury via twitter 3/18/2015 1:38:31 PM
Here are some of the things we have announced at #Budget15 - gov.uk/government/new…

by HM Treasury via twitter 3/18/2015 1:40:15 PM
Read Chancellor @George_Osborne's #Budget15 speech in full here - gov.uk/government/spe…

by HM Treasury via twitter 3/18/2015 1:41:21 PM