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Tag Archives: Treasury

In April, Andrew Lansley gave his support to plans for regional pay in the NHS. The Observer reported: Andrew Lansley, the health secretary, is threatening another controversial revolution in the NHS by proposing that its staff be paid less if they work in poorer parts of the country. The cabinet minister is backing a plan […]

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In July 2010, the government cancelled the Building Schools for the Future programme, as part of £1 billion of cuts from schools. The Guardian reported: The coalition government took its axe to a further £1.5bn in spending commitments, cutting £1bn from the schools budget and millions from the business department, communities and local government and […]

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In the finance bill 2011, capital allowances were cut from £100,000 to £25,000. Today, in the autumn statement 2012, capital allowances for plant and machinery increased ten-fold to £250,000, as The Manufacturer reports: Manufacturers will breathe a collective sigh of relief after campaigning for higher capital allowances finally pays off in the autumn statement… What […]

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In June, David Cameron revealed housing benefit will be scrapped for under 25s, who’ll be “forced to live with their parents”. The Mail on Sunday reported: Radical new welfare cuts targeting feckless couples who have children and expect to live on state handouts will be proposed by David Cameron tomorrow. His bold reforms could also […]

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In the 2012 Budget, George Osborne confirmed proposals to introduce an initial flat-rate pension of £140 per week for those with a 30-year national insurance record, starting in 2016. The Guardian reported: The government says the long-awaited change, which will see the current basic state pension and second state pension (S2P, formerly known as Serps) […]

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In the 2012 Budget, George Osborne confirmed the fair fuel stabiliser. The Mail reported: A planned rise in the price of petrol will go ahead as George Osborne refused to freeze or reduce the amount of tax motorists pay for fuel. Despite pressure from hard-pressed motorists and businesses that rely on fuel, such as hauliers, […]

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In the March budget, George Osborne announced changes to tax relief, dubbed the “charity tax” – to the anger of charities. The Charities Aid Foundation reported: Major philanthropists may be put off making substantial donations to charities because of changes unveiled in today’s Budget. Under changes to tax relief announced by the Chancellor, those wanting […]

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In the March budget, George Osborne announced a tax on caravans. The Caravan Times reported: As part of his annual budget, chancellor George Osborne announced various change in the tax system yesterday (March 21st), and several previously un-taxed goods including static caravans will now be hit with the standard 20 per cent rate of VAT. […]

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At the Conservative Party Conference in October 2010, George Osborne announced the end of universal child benefit, stating that higher-rate taxpayers would become ineligible for it from 2013 onwards. The New Statesman reported: This means that all households in which at least one person earns £44,000 or more will lose out, although a family with […]

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As C4 News reported of the 2010 Comprehensive Spending Review: The mobility component of disability living allowance for those in residential care will also be removed. It will affect the estimated 58,000 DLA claimants in care homes. Here’s the BBC’s report of the government’s u-turn on this policy: Controversial plans to axe some benefit payments […]

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