Budget 2010 - securing the recovery

I think this morning’s budget was a strong one. In particular I was pleased to hear about:

• Lower than predicted public sector debt, by £11 Billion;
• Lower unemployment than predicted, exposing the atrocious Conservative record of the 1980s, which took place against the backdrop of a smaller shock the economic system, but left half a country floundering and alone;
• A large receipt indeed from Labour’s tax on large bank bonuses;
• A rise in the threshold on stamp duty, protecting young families as a result, especially in the South East of England and by extension Woking;
• A rise in stamp duty more generally for those who pay more than £1 Million for homes to pay for this
• Increased support and guarantees for young people seeking jobs
• A promise to clamp down on offshore tax avoiders, who lump other less wealthy Britons with their share of the national burden.

If you’re interested in the budget and what it had to say, you can download it as a pdf/Acrobat file by clicking here.