Pre Budget Speech 2012
Published / Last Updated on 04/12/2012
The Chancellor is expected to take some flack today (5th December) from the opposition in what was to be a most difficult pre-budget speech.
Growth targets have been missed and Labour look to capitalise on this although we do have sympathy given that it is not just the UK that is still suffering. Our biggest trade partner Europe, is clearly in trouble, affecting our own economy.
Ireland too is looking at further austerity measures, where again their biggest trade partner is the UK, so was it all doom and gloom?
- Mansion Tax? No
- Pension Tax Relief Cuts? Yes
- 3p Fuel Duty January increase postponed? Yes
- Benefits link to inflation removed? Yes
Read our analysis of the pre budget speech and 'devil in the detail' in connection with your money.