Budget 2014 – What does it mean for you?

Budget 2014 – What does it mean for you?

The BBC’s Kevin Peachey looks into George Osborne’s 2014 Budget and how it might affect you and your finances. 

A Budget of “hard truths” was promised by Chancellor George Osborne this year.

So, will the truth hurt the finances of individuals and small businesses, or will it allow them to stretch their income even further?

Very few giveaways were expected, owing to the state of the economy and the continuing programme of austerity.

Yet, the chancellor made an eye-catching announcement or two on pensions and savings in the year before a general election for noisy MPs in the Commons and the country as a whole to mull over.

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Autumn Statement: At-a-glance summary of key points

Autumn Statement: At-a-glance summary of key points

Chancellor George Osborne has updated MPs on the state of the economy and the government’s future plans in his Autumn Statement. The key points are outlined below.

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