PPRuNe Forums - View Single Post - I hope you're all going to send Gordon Brown a thank you card after the budget speech
Old 12th Mar 2008, 13:46
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Jackonicko
 
Join Date: Jul 2000
Location: Just behind the back of beyond....
Posts: 4,187
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Borrowing up to £43 Bn. (Thinks: how much did we spend on Northern Rock?)

Tax rise equivalent to £1.9 Bn by 2010 - most of it regressive.

£1.9 BN extra to fight child poverty.

£20 extra on child benefit (which is still not means tested, so that Dukes and Duchesses qualify!)

"Mr Darling denied claims the government has cut defence spending, claiming the defence budget has seen the longest period of growth in recent times. The chancellor has broken his speech to pay tribute to the armed forces."

£2 Bn extra (roughly 5%?) on 'frontline troops', including £900 m extra on defence equipment.
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