As I used to think it was called when I was 3.
Expect road and rail upgrades.
And?
CityCyclingEdinburgh Forum » Debate!
Budgie Day
(16 posts)-
Posted 9 years ago #
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Cuts. Lots and lots of cuts.
So many, you'd be forgiven for comparing Osborne to a Prussian officer taking part in a fencing duel.
Posted 9 years ago # -
How public sector workers will feel after today:
Posted 9 years ago # -
Lots of cuts, and the added bonus of the state education system being dismantled.
Posted 9 years ago # -
1/2 price tolls on Severn Bridge.
Posted 9 years ago # -
"1/2 price tolls on Severn Bridge."
Oh thank goodness for that. Taking a leaf from the SNP playbook I see.
Posted 9 years ago # -
Talked about obesity.
Sugar levy (in 2 years).
Posted 9 years ago # -
Double sport funding (presumably England)
Posted 9 years ago # -
Headline rate of corporation tax - currently 20% - to fall to 17% by 2020
Annual threshold for small business tax relief to be raised from £6,000 to a maximum of £15,000, exempting 600,000 firms
Supplementary charge for oil and gas producers to be halved from 20% to 10%
Petroleum revenue tax to be "effectively abolished"Posted 9 years ago # -
Spending as a share of GDP to fall to 36.9% by 2020
Further spending cuts of £3.5bn by 2020Posted 9 years ago # -
Fuel duty frozen.
Posted 9 years ago # -
The threshold at which people pay 40% tax will rise from £42,385 to £45,000 in April 2017
Tax-free personal allowance to rise to £11,500 in April 2017
Capital Gains Tax to be cut from 28% to 20%, and from 18% to 10% for basic-rate taxpayers
0.5% rise in insurance premium taxIn Scotland, Libor bank fines to pay for community facilities in Helensburgh and for naval personnel at Faslane (!?!?)
Posted 9 years ago # -
Life is looking good for folk earning 44 grand who fancy making a fast buck by flipping a few residential properties in booming markets like Edinburgh and London.
Also a good time to have your own company.Not looking too great for public sector workers, benefits claimants.
Posted 9 years ago # -
Who keeps track of whether all these promises of "X tax cut will happen on Y date" are kept or not?
They're constantly promising things way in advance, so there must be a huge backlog of "To do" budget changes from all the previous budgets...
Or do they just quietly let the ones "they don't like" drop?
Posted 9 years ago # -
Unsurprisingly it's a good day to be rich, and a terrible day not to be so.
Posted 9 years ago # -
City Region Deal funding for Edinburgh and south-east Scotland in the offing: announced today.
http://www.bbc.co.uk/news/uk-scotland-highlands-islands-35814284
Posted 9 years ago #
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