UK Budget 2015 Live Blog - Yahoo Finance
Get the latest 2015 UK Budget news, analysis and comment as Chancellor George Osborne's speech happens on Yahoo Finance's LIVE blog.
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Treasury to sell at least a further £9 billion of Lloyds Bank shares in the coming year and launch sale of £13 billion of mortgage assets from Northern Rock and Bradford & Bingley. Resources from bank sales, lower interest payments and lower welfare bills to be used to pay down the national debt.
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Welfare bills set to be an average of £3 billion lower each year than predicted in December, and interest charges on Government gilts £35 billion lower.
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Treasury pays off debts from South Sea Bubble, First World War and Gladstone era and increases the number of long-dated gilts it sells, Mr Osborne announces
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Fantastic news on tax averaging, that was one of our manifesto asks nfuonline.com/back-british-f… #Budget2015by NFU Political via twitter 3/18/2015 12:50:30 PM -
Farmers to be allowed to average incomes for tax purposes over five years.
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OBR revises down inflation forecast for this year to 0.2%, and revises it down for the falling three years.
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Bloody hell George. I can hear Rule Britannia playing as you talk. Go you good man go. #Budget2015by Katie Hopkins via twitter 3/18/2015 12:49:00 PM -
Mr Osborne said that people are better off at the end of this Parliament than five years ago, with GDP per capita up by 5% and real household disposable income higher in 2015 than 2010. Average household around £900 better off in 2015 than 2010, with living standards set to grow strongly every year until 2020, said Mr Osborne.
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Yorkshire created more jobs than France but so did corner shop around the corner from me. It took on one person. In France, employment fell.by frasernelson via twitter 3/18/2015 12:47:25 PM -
BREAKING: Osborne says Yorkshire has created more jobs than whole of France #Budget2015by Lionel Barber via twitter 3/18/2015 12:47:06 PM -
"OBR forecasts unemployment to fall to 5.3% this year."
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Economic performance across the whole of the UK [interactive map] ow.ly/KtR0S #Budget2015 http://pbs.twimg.com/media/CAYW0mHWQAAnm2d.jpg
by ONS via twitter 3/18/2015 12:44:43 PM -
GDP growth revised down for last year and forecast to slow next year
#Budget2015by Labour Press Team via twitter 3/18/2015 12:44:15 PM -
OBR revises forecast growth for 2015 upwards from 2.4% in Autumn Statement to 2.5% now. Forecast for 2016 revised upwards to 2.3%, then 2.3% in 2017 and 2018 and 2.4% in 2019.
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Independent experts agree: Britain has a long-term economic plan, but it needs to stick with it. #Budget2015 http://pbs.twimg.com/media/CAYWFZ0WcAE-WZF.jpg
by conservatives via twitter 3/18/2015 12:42:48 PM -
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A year ago, they [the OBR] forecast growth in 2015 at 2.3%. In the Autumn Statement that was revised up to 2.4%.by HM Treasury via twitter 3/18/2015 12:40:31 PM
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Britain has a long-term economic plan and it needs to stick with it, says @George_Osborne yahoonewsuk.tumblr.com/budget #Budget2015by Yahoo Finance UK via twitter 3/18/2015 12:39:18 PM -
Office for Budget Responsibility confirms that, at 2.6% UK growth faster than any other major economy last year.
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Mr Osborne said: "We set out a plan. That plan is working. Britain is walking tall again."
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My hunch: that #Budget2015 will be the last one presented by George Osborne.by frasernelson via twitter 3/18/2015 12:36:36 PM
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Mr Osborne said that "Britain is walking tall again" with faster growth than any major economy. Latest projections show living standards "will be higher than when we came to office", said the Chancellor.
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And we're off, how long do you think that @George_Osborne will talk for? #Budget2015by Yahoo Finance UK via twitter 3/18/2015 12:34:07 PM
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Chancellor of the Exchequer George Osborne rose to deliver his sixth Budget at 12.32 pm.
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‘Today, I report on a Britain that is growing, creating jobs and paying its way.’by HM Treasury via twitter 3/18/2015 12:33:22 PM
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Budget 2015: Live updates: yahoonewsuk.tumblr.com/budget http://pbs.twimg.com/media/CAYUg68XEAElKfH.jpg
by Yahoo Finance UK via twitter 3/18/2015 12:32:42 PM -
UKIP's Economic team preparing #Budget2015 response - @Nigel_Farage, @oflynnmep and @Steven_Woolfe http://pbs.twimg.com/media/CAYRNeJWEAA9dRd.jpg
by UKIP via twitter 3/18/2015 12:28:12 PM -
George Osborne's budgets tend to last just under an hour. His quickest was in 2010 and his longest was in 2012. Will he set a new record today?
2010: 54 minutes
2011: 56 minutes
2012: 58 minutes
2013: 54 minutes
2014: 55 minutes
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It's nearly #BudgetBingo time. Our friends at Sky News have prepared a bingo sheet for you. Go on, play along - you know you want to! yhoo.it
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PMQs has started - it will run for about 30 minutes before the Budget delivery begins. Mr Osborne and Mr Cameron arrived to cheers - albeit modest ones, to avoid annoying Speaker John Bercow too early. Standing room only in the Commons as Ian Murray opens PMQs, claiming goverment is balancing books on the backs of the poorest. Mr Osborne and Mr Alexander laugh during question on church roofs. Expect an announcement in the Budget.
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Hoping to see tech recognised as being at the heart of UK economic recovery in today’s budget #budget2015by IntellectUK via twitter 3/18/2015 12:05:23 PM -
Big Budget question: can George Osborne translate economic recovery into Tory votes? #budget2015by BBCJLandale via twitter 3/18/2015 11:53:40 AM -
Here it is – the winning design for the brand new £1 coin. More details to follow tomorrow #yourpoundcoin http://pbs.twimg.com/media/CAVTydGWgAAzI6d.jpg
by HM Treasury via twitter 3/17/2015 10:30:40 PM -
You’ll be able to find more info on everything announced tomorrow at #Budget15 here - gov.uk/budget2015by HM Treasury via twitter 3/17/2015 8:56:22 PM
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With the finalists of the new £1coin competition in Downing St - the winning design will be unveiled soon http://pbs.twimg.com/media/CAUbRbpW8AA4ixC.jpg
by George Osborne via twitter 3/17/2015 6:23:45 PM -
Ahead of speaking tomorrow, George Osborne has promised "No giveaways or gimmicks, a budget for the long term where everything's paid for. We have a plan that's working & we should stay the course."
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Budget 2015 Predictions: What are you hoping for? uk.finance.yahoo.com/news/uk-budget… http://pbs.twimg.com/media/CAN7MeFWsAAtygt.jpg
by Yahoo Finance UK via twitter 3/17/2015 4:24:10 PM
