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Budget - 2008

The Budget 2008

From pensioners to couples with kids, see in pounds and pence how much better or worse off a month the Budget has made you

Budget in Video: Expert reaction

Brown and Darling
Speech highlights
Watch all the most important parts of Darling's speech, and the opposition parties' reaction to it
Lance Price
The former insider
Tony Blair's former communications director Lance Price gives his experienced view
Donna Bradshaw
The financial strategist
Donna Bradshaw, financial planning strategist at IFG Group, gives her opinion on the Budget measures
Jason Witcombe
The IFA
Jason Witcombe, an IFA with Evolve Financial Planning, isn't too impressed with Darling's performance

Budget in Focus

Plastic bags
Plastic bag charges for 'no-action' shops
Charges will be made on plastic bags unless the retail industry reduces their use
Low income savers scheme
The Government will contribute towards savings plans for up to 8million people with low incomes
Exhaust pipe
Emissions targetted
Darling attempted to focus on cutting carbon emissions, but environmentalists say it's 'tinkering at the edges'
Henry Pryor
Property expert's reaction
Our resident property expert Henry Pryor gives his verdict on the Budget measures on housing and mortgages
School
Schools plan accelerated
£200m is to be spent on raising standards as schools are given three years to improve or be closed
Flight
New tax for greener flying
Changes to the existing duty rules on flights will cost the airlines billions of pounds more in tax
Woman and baby
Working families
Child benefit and child tax credits are to be increased as working families benefit from the Budget
Petrol pump
Fuel duty and motorists
Some respite was offered to motorists as the Chancellor delays the 2p-a-litre petrol rise until October
Graph with coins
Growth 'still too high'
Darling has skated over the UK's economic problems by predicting too high a growth rate, experts say
4x4
'Sin taxes' to the fore
It was a budget where drivers of gas guzzling vehicles, and drinkers, paid the price of their behaviour
A doctor
Doctors welcome alcohol tax increase
The medical profession says the price rises will help to tackle binge-drinking
Darling
Budget speech in full
Read exactly what Alistair Darling said in his 50 minute parliamentary speech
Business people
Businesses breathe easy
See why small businesses were relieved to see some of the Budget measures and that there were no surprises
Man in office
Tax changes in 2008
See the tax changes already announced in last year's Budget and pre-Budget, due to take effect from April

Budget Trivia and More

Number 11
Post-war Chancellors
See the number of Chancellors there have been since 1945, and who has served the longest
Red briefcase
Fascinating facts
From the best one-liner used in a Budget speech to the history of the famous briefcase... Find out more
Budget suitcase
Pre-Budget Report
The build-up: See what Darling had to say in his pre-Budget report from November
Gordon Brown
Budget 2007 speech
If you're a real Budget nerd, here's the full text of Gordon Brown's speech last year

More Economic News and Comment

Bank of England
Interest rates and you
The Bank of England has been cutting rates in recent months, to the delight of homeowners. Get the latest
Euro
Pound hits all time low
Sterling has hit record lows against the Euro and consumer confidence has also dropped further
Chef in restaurant
Service growth picks up
Service sector growth rose at its fastest pace for five months in February, fuelling inflation fears
Ladder
Banks kick a rung out of the property ladder
Why mortgage lenders are fighting to appear as the worst in the best-buy tables
Traffic jam
Road pricing scheme stalled
Government shelves road pricing in favour of car sharing and paying to drive in certain lanes on motorways
For sale signs
House prices to 'fall 6%'
A leading investment bank is predicting a fall in property values in 2008 and a sharp drop in interest rates

Tools and Calculators

Coins
What's the tax rate?
Confused by IHT, income tax, CGT, VAT and other taxes? See at-a-glance tables of the current tax rates
Taxes
Tax deadlines
Miss a tax deadline and face a fine - make sure you know which apply to you. Search by the month
Middle aged man
Age allowance checker
Over 65s qualify for extra personal allowances. See if your tax code shows the correct amount
Pint of milk
How much now?
If a pint of milk cost 15p in 1979, how much would it cost now? Work out the amazing power of inflation
Wallet
Check your payslip
Make sure whoever you work for is paying you correctly - just enter a few simple details to find out
Purse
Cut your spending
Work out how much hard earned cash you fritter away each month and how much you could be saving

CommentsPlease login to leave a comment or report a post

Added: 30 March 2008 10:12
Phil Robinson says:
In Reply to Denise comment, If you can tell me the alternative party to vote for instead of all the other shambolic parties i would be grateful, Our once great country is being sold down the river big style, NANNY STATE, emissions scam, smoking scam, kids dinner time, speed camera scam, i could go on and on wheres our freedom of choice, Left to some beurocrat who has no grasp of reality.
Added: 24 March 2008 15:45
Denise says:
In reply to Phils comment, i for one would NEVER vote BNP. I agree that this government should face a vote of no confidence, i agree that the "common man" should make a stronger stand against what all of the politicians are doing to this country. But vote BNP....are you mad!!!!
Added: 22 March 2008 15:49
Phil Robinson says:
What this country needs is a mass protest like the one for poll tax, The one that brought Maggie down, I personally will be voting BNP even if they only had one thing on there agenda i bet its the one this country want, just ask anyone.
Added: 21 March 2008 20:45
bob2 says:
lets all vote this ****** of a goverment out starting from now!!!!!!!!
Added: 18 March 2008 18:19
Denise says:
I am disgusted with the government giving themselves huge pay rises. I work in the NHS and we like many other workers recieved only a minimal pay rise which will be swallowed up by the rises in various taxes, increases in council taxes etc. Why should the government be allowed to give themselves a pay rise of such huge proportions given that they already earn a huge salary and get all of the benifits we so often hear about in the news..it seems that all of the increases we mere mortals have to face in sucessive budgets could be cut if MP's reduced the demands they make on the salary front.
Added: 18 March 2008 15:55
larry kelly says:
no confidence in the government we all should be able to vote them out for goodness sake we put them in LETS VOTE NO CONFIDENCE
Added: 18 March 2008 15:52
larry kelly says:
I am on incapacity benefit due to ischemic heart condition that is degenerative I had appointment lastr year with government doctor that puts ticks on a piece of paper and said I was fit for work I explained about my dizzy spells due to medication that doctors were trying out to stabilize my condition made no difference I
Added: 18 March 2008 00:53
Rob White says:
With regards to Alcohol duty, its the pubs that are suffering. I have been working in the trade as a chef for nearly 13years, and it just seems to be a big pick on the pubs thing!! Supermarkets are the problem because of the cheapness. Where I work we have had to put all of our prices up including food (its only a family run business)!! 24hour licencing isn't the problem either because there is only a handful of places that have a 24hour licence in England and Wales. It just annoys me with the media because it doesn't explain things properly the recent change in the licencing law gives you the opportunity to apply for a 24hour licence but the application and be refused by the licencing officer with the local council and/or the local police force.
Added: 17 March 2008 18:26
pete says:
this goverment is 100% anti working class everything they do is against the working class..FUEL working class folk hit the hardest (and dont shout public transport)a joke ROAD TAX working class hit the hardest IRAQ it's the young mainly working class hero's taking the brunt there(let's get out now none of us want this war} this party has been instrumental in closing our working men's club's (alway's was a labour stronghold} and our pub/s we cant even go out for a ciggie cos we cant afford to now.we must vote them out but who the ****** can we vote in????? i suppose it will have to be a Pole or Lithuanian or any of the numerous economic migrant's that france encourage's to come here and our goverment think's more of than us
Added: 15 March 2008 22:39
Gill Barnes says:
When are we going to be happy! Just look at the grinding poverty of the third world and put it all into context. They have nothing to eat and every day is a struggle just to stay alive but all us westerners can do is whinge about the extra cost of our luxury gas-guzzling cars and all the trappings of so called "western civilisation". We have nothing to moan about.

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