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andrewb · 22-04-2009, 12:21

Borrowing £175bn THIS year. Some £600bn over 4 years (I think that's the highest in peace time history)
Economy shrink 3.5% 2009
Income tax on those earning over £150k up to 50% from April
Spending growth down to under 1%
Alcohol and tobacco tax up 2%
£1bn to help climate change
Debt will be 80% of GDP
Millions to get anyone under 25 into work or training.
Fuel duty up 2p/litre from September
£500m to kick start housing projects to deliver thousands of new homes.
£100m to local authorities for energy saving housing
£50m to modernise Army housing
Companies can defer tax on profits from last three years
£9bn efficiency savings
Broadband investment (think it was £10m)
Capital allowance for investments doubled to 40%
Cut carbon emissions by 34%
£525m financial support for offshore wind power
£20 extra child tax credit
£100 disability extra trust fund
Grandparents get more basic state pension for helping child care
Real term basic state pension increase
Maintaining winter fuel allowance
Tax free ISA's from £7,200 limit to £10,200

Could have missed some things, started writing half way through.

22-04-2009, 12:21	#1
andrewb God Member Join Date: Mar 2004 Location: Accrington Posts: 3,905 Liked: 1 times Rep Power: 920	Budget 2009 Borrowing £175bn THIS year. Some £600bn over 4 years (I think that's the highest in peace time history) Economy shrink 3.5% 2009 Income tax on those earning over £150k up to 50% from April Spending growth down to under 1% Alcohol and tobacco tax up 2% £1bn to help climate change Debt will be 80% of GDP Millions to get anyone under 25 into work or training. Fuel duty up 2p/litre from September £500m to kick start housing projects to deliver thousands of new homes. £100m to local authorities for energy saving housing £50m to modernise Army housing Companies can defer tax on profits from last three years £9bn efficiency savings Broadband investment (think it was £10m) Capital allowance for investments doubled to 40% Cut carbon emissions by 34% £525m financial support for offshore wind power £20 extra child tax credit £100 disability extra trust fund Grandparents get more basic state pension for helping child care Real term basic state pension increase Maintaining winter fuel allowance Tax free ISA's from £7,200 limit to £10,200 Could have missed some things, started writing half way through. __________________ formerly cyfr Last edited by andrewb; 22-04-2009 at 12:25.