Emergency Budget 2010: VAT to rise

As had been expected, the Chancellor has chosen to raise the basic rate of VAT, from 17.5 per cent to 20 per cent.

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Emergency Budget 2010: Speech headlines

The Chancellor has concluded his emergency Budget speech. We are now in the process of updating our Budget Report and putting together a series of news articles. However, the headline news from the Chancellor’s statement is:

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Emergency Budget 2010: Speech begins

The Chancellor, George Osborne has risen to his feet in the House of Commons at 12.30 pm and has embarked on what is regarded as one of the most important and far-reaching Budget speeches in a generation.

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Economic recovery remains 'fragile'

The UK’s economic recovery, although in progress, is fragile and could be put at risk by the eurozone debt crisis and turmoil in the financial markets, the British Chambers of Commerce (BCC) has warned.

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A New Budget: 22 June 2010

Budget 2010: business reaction

Business groups have greeted the Budget with a guarded welcome. But while the measures designed to help businesses were applauded, doubts were expressed about the lack of a detailed plan for tackling the budget deficit.

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Budget 2010: an overview

“This will be a Budget to secure the recovery, tackle borrowing and invest in our industrial future” was how the Chancellor, Alistair Darling summed up the last Budget before the next general election.

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Budget 2010: business tax

The Chancellor had been offering some strong hints that the Budget would include measures to help smaller firms in particular.

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Budget 2010: personal tax

Perhaps the most eye-catching announcement of Alistair Darling’s 2010 Budget was the move to raise the stamp duty threshold for first-time buyers.

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