13.23 It's all over and I wonder what if anything was actually said.More like a party political broadcast than a budget.David Cameron says that the Prime Minister and the Chancellor are living in a different world.
13.22 Fuel payment up to £250 and £400 for pensioners
13.20 11p on a packet of fags,alcohol duties will rise 6% above RPI and will stay at 2% above inflation for the next two years.
13.17 Here comes the cars bit,road tax system from 2009 will encourage drivers to use more economic cars.For 2010 on new cars a higher rate for the more polluting cars
13.16 Legislation to impose a charge on plastic bags if volunteery systems don't work
13.14 Now to climate change.The usual waffle on commitment,and next year will see a carbon budget alongside the normal budget.
13.10 Wants to see more flexible mortgages,and the use of long term fixed mortgages to stablise the housing market.
13.09 Key workers will be able to borrow money thru shared equity schemes,level now at 50% rather than 75%
13.07 New funding for research into road pricing
13.05 Government has doubled investment in public transport since 1997.There will be maesures to speed up passenger movement thru airport controls( another sop to the City)
13.04 More investment for teaching science in schools,increased investment in adult skills training.Over £6b a year will be spent onscience skills by 2011
13.02 The Non Doms issue is raised.No changes in the current proposals
13.00 Wants to do more to help small and medium sized businesses.an additional £60m for the small business loan scheme and a widening of the limits for companies wishing to use the scheme.no changes though to corporation tax
12.59 The UK is one of the best places in the world to do business
12.58 Now for business.Open and competive markets and removing barriers to trade thru the world.
12.57 Customers on pre payment energy meters will be given a fairer deal
12.54 Now comes the child poverty comittments.Oct 2009 the rules for council tax and rent will be adjusted to help parents working as opposed to those on benefits.the planned £20 increase in child benefit is being brought forward to April 2009
12.53 Propoganda continues,spending must be aligned with reform,schools results are better,cancer traetment is better.The focus for the next decade is to make public services even better
12.51 By April 2010 all long term incapacity benefit claimants will have attended a clinic
12.49 The propoganda starts.Spending on health,education and public transport all at record levels.Spending on defence at record levels as with overseas aid.The longest suatained level of public spending by 2011.
12.47 Our debt levels will be lower tha the Euro zone,America and Japan
12.45 Planned 2p rise in fuel duty due to come in from April postponed until October
12.42 Government public finances are in good shape( to opposition sniggers) Debt and borrowing will be lower than forecast.Next year borrowing will £43b less than 2.7% and will be 1.2% by 2012( more gasps of disbelief)
12.39 We can look foreward to more inflation in the short term due to fuel inflation but the target will remain at 2%
12.38 Growth will be faster in Britain than other members of the G8
12.36 We are the most stable economy in the Western world according to the Chancellor.
12.34 According to Iain Dale
Don't blame it on the sunshine, don't blame it on the moonlight, don't blame it on the good times, blame it on the world econonmy.
12.32 Alistair Darling gets to his feet for his first budget.The usual pre amble as the Cahncellor tells usBritain is better placed than most to weather the economic storms and because of measures taken during the course of the government,growth will continue.
12.00 Prime Minister's questions starts with a planted question which is their to demonstrate that the budget will be one for stability and to appease backbenchers he says that the government will maintain its commitment to child poverty
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