Budget 2015: As It Happens


The headline announcements:

  • The end of the tax return
  • Fuel duty frozen
  • Personal allowance increased to £11,000
  • New £1,000 personal savings allowance
  • Help to Buy ISAs
  • Tax avoidance and evasion measures to raise £3.1 billion
  • Bank levy increased to raise an extra £900 million a year


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Quote of the Day

Tobias Ellwood tells LBC…

“So Jeremy Corbyn will meet with Hamas, Hezbollah and the IRA with no preconditions, but won’t meet the British Prime Minister without her agreeing to his precondition.”


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