The Budget

Well its budget day today and its an opportunity for me to share some pre budget predictions.

Income Tax allowances up by £1,000
Duty of Fuel up 2p per litre
VAT up by 2.5%
Beer Duty up by 2p per pint
Duty on Spirits up by 10p per litre
Tobacco duty up 5p
Vehical Excise Duty up £20
Capital Gains Tax up
Social Benefits ie Old Age Pensions, Job Seekers Allowance frozen ie real terms cut
Capital programmes ie like the A14 improvements deffered
Public sector pay frozen ie real terms cut