Budget 2011: Autumn Statement
The latest on Chancellor George Osborne's Autumn Statement and how it affects the UK economy.
Budget latest
Chancellor George Osborne says Budget will be on March 21
The Budget will be delivered on March 21, 2012, the Geoge Osborne said today, when he appeared before a committee of MPs to be quizzed about the Autumn Statement.
07 Dec 2011
| CommentsYounger people will be £43,000 worse off in retirement
The Government's decision to delay a new national pension scheme will have devastating consequences for younger workers.
02 Dec 2011
| CommentsStriking unions to resume negotiations
Unions which staged walkouts to attempt to resolve impasse with Government over changes to public sector pensions.
01 Dec 2011
'Angel investors' put weight behind start-up initiative
Leading entrepreneurs have given their backing to Government plans to boost fledgling businesses.
30 Nov 2011
| CommentsNew losses from state-backed banks revealed
The Government will have to sell its stakes in the part-nationalised banks for an £8bn profit to recover the full cost of the financial sector bail-out, the Office for Budget Responsibility says.
30 Nov 2011
| CommentsPublic sector strikes: as it happened
Live: Coverage of the public sector strikes as teachers, Border Agency and government employees strike in protest of proposed pension and budget cuts.
30 Nov 2011
| CommentsIFS talks down Osborne's growth plan
The Institute for Fiscal Studies has poured cold water on the Government's plans to rekindle growth through building projects and business reforms, saying the policies "are really quite small".
30 Nov 2011
| CommentsIt's official: the credit crunch is back, confirms Downing Street
Number 10 says Britain has entered a second credit crunch as America's Federal Reserve forced to intervene to stop eurozone crisis leading to a global financial collapse.
30 Nov 2011
| CommentsFears of a 'lost decade’ as living standards fall
British households are facing a “lost decade” as their disposable income remains below 2002 levels for at least another four years, the Institute for Fiscal Studies warned on Wednesday.
30 Nov 2011
| CommentsStrike protesters storm Haymarket building
During the strike march in central London, some protesters tried to occupy the offices of mining company Xstrata in protest at the company CEO's pay.
30 Nov 2011
| CommentsPolice kettle protesters after building is stormed
Police have cordoned off an area in London's West End after a number of protesters made their way into a building and climbed up to the roof.
30 Nov 2011
IFS: Public sector workers have better pay and pensions
Public sector workers are both paid better and enjoy more generous pensions than their private sector equivalents, said leading independent think-tank the Institute for Fiscal Studies.
30 Nov 2011
| CommentsFamilies face 'lost decade' as spending power dives, says IFS
British families' disposable income will have fallen by 4.7pc between 2009 and 2012 - by far the biggest three-year drop since records began in the mid 1950s, the Insitute of Fiscal Studies said in its analysis of George Osborne's Autumn Statement.
30 Nov 2011
| CommentsAutumn Statement 2011: Commentators give their verdict
George Osborne gave a chilling warning in his Autumn Statement: Britain is facing six more years of pain as growth stutters, unemployment rises and spending cuts deepen. Austerity will rule until 2017 as the Chancellor attempts to bring spiralling borrowing under control in order to meet his self-imposed fiscal mandate.
Here is a summary of how some of the UK's commentators reacted.
30 Nov 2011
| CommentsMarston's profits boosted
Top stories: Markets, Marston's food, bank downgrades and airline mergers.
30 Nov 2011
| CommentsStrikes will weaken economy and cost jobs, Osborne warns
As workers stage biggest national strike since 1979, Chancellor warns the pensions walkout "will not achieve anything".
30 Nov 2011
| CommentsMiddle classes pay more while the richest gain
Middle class workers will be hit while the rich benefit after changes to the capital gains tax regime.
30 Nov 2011
| CommentsAutumn Statement 2011: young jobless will get work experience
Taxpayers will foot the bill for a scheme costing almost £1 billion to get Britain’s one million unemployed young into work or further education.
30 Nov 2011
| CommentsAutumn Statement 2011: 50pc discounts with the return of 'right to buy'
Millions of council house tenants will be entitled to a discount of up to 50 per cent under an extension of the right-to-buy scheme.
30 Nov 2011
| CommentsStruggling families to lose £1,200
Families will lose about £1,200 each because of cuts to tax credits over the next five years.
30 Nov 2011
| CommentsRecord rise in state pensions
Almost 13 million people will see their state pension rise by record levels next year, as payments increase in line with inflation.
30 Nov 2011
| CommentsNightmare economic outlook has Chancellor dreaming up income
Hemmed in by vast debts, a baying bond market, the eurozone neighbours in crisis and a severe OBR report, the Chancellor resorted to the old trick of making it up.
30 Nov 2011
| CommentsBusiness jury deliver its verdict
Three family businesses and three start ups deliver their verdicts on the Chancellor's Autumn Statement.
30 Nov 2011
| CommentsVillage stores to enjoy further 'holiday' from business rates
Small shops and businesses will be let off from paying business rates until April 2013, extending their holiday for a further six months.
30 Nov 2011
| CommentsStart-ups and fledglings gain from 'tax relief for dragons'
Backers of start-ups will be able to gain 50pc income tax relief on investments of up to £100,000 in a move which experts called "an invitation to invest in innovation".
29 Nov 2011
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