Category Archives: The Budget

Budget 2010: business support

It was always likely that the Chancellor would devote a proportion of the Budget to outlining government plans for stimulating business growth and development as the economic recovery begins. Business funding A seemingly enduring problem for many businesses during and …

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Budget 2010: the economy

A significant focus of the Budget centred on the state of the UK economy, caught, as it is, between a massive government deficit and a still hesitant business recovery. Happily for the Chancellor, he was able to point to a …

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Increasing VAT could ‘hit’ the recovery

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed. Alistair Darling has already ruled out a possible increase in VAT for the …

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Chancellor says Budget will not offer a ‘giveaway’

Alistair Darling has said that the upcoming Budget won’t be delivering a pre-election giveaway. It will instead be “sensible and workmanlike”, the Chancellor insisted in a BBC interview. He did, however, provide a few advance clues as to some of …

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No new taxes and a moratorium on regulations, says BCC

The British Chambers of Commerce (BCC) has called on the government not to impose new business taxes and to reduce the burden of red tape in its Budget submission. The BCC wants to see the planned increase of 1 per …

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What may the 2010 Budget bring?

When the Chancellor, Alistair Darling gets to his feet in the House of Commons on Wednesday 24 March to present the final Budget before the next general election, he will be expected to present details on the government’s plans to …

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Venture Capital Trusts look set to stay

The government has indicated ahead of the Budget that Venture Capital Trusts will still have a part to play in the business economy. There had been some speculation that the scheme may be axed as part of the likely round …

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Budget date set for 24 March

The last Budget before the next general election will be held on Wednesday 24 March. In a business speech, the Prime Minister, Gordon Brown confirmed the date that many commentators had been expecting. In a written ministerial statement, the Chancellor, …

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