What did you think of the 2011 budget?

March 23, 2011

BRITAIN-BUDGET/George Osborne has delivered his budget speech for the 2011/12 fiscal year to parliament.

The Chancellor said corporation tax would be cut by two percentage points to 26 percent from April, rather than by just the one point originally planned. A levy on banks would be increased to help pay for it.

Osborne also announced a surprise cut in fuel duty, while slapping higher charges on oil and gas production which he said would raise 2 billion pounds. Meanwhile, the government will offer loans to help first-time buyers get on the property ladder.

Osborne called it a “Budget for growth and jobs.” Do you agree? Take part in our poll below or leave a comment on this page.
[poll id="16"]

5 comments

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International disgrace!

Posted by DrJJJJ | Report as abusive

With Gordon Brown you didn’t know what budget you really had until weeks had gone by and people had poured over the small print. This budget was never going to be popular and no government likes to have to impose austerity as it is never going to be a vote winner! Having said that I personally feel that the emphasis is in the right place and he hasn’t added too much to the cuts coming into effect from the previous government.

Posted by pavlaki | Report as abusive

When is the oft-promised help for families being introduced?

Posted by ActionDan | Report as abusive

The reduction of 1pence on fuel duty is a joke when it is increasing by more than that weekly!!
Reducing the threshold of 40% earners is robbery
Its done nothing for working people, pathetic

Posted by terrwilk | Report as abusive

I think it is not a joke that they have reduced fuel by 1p….The fact is currently apart from cuting tax, I dont think there is much they can do…Yes they could reduce the tax on fuel, but they would only have to take it from somewhere else!!

Posted by hgv | Report as abusive