Updated 10:00am 22 May 2013

Powered by Google

Budget 2012

Budget 2012: Tax relief for film and video game industry

The Chancellor pledged to keep Wallace & Gromit exactly where they are as he unveiled a film industry-style tax break to encourage development in the animation and video game sectors.Read

Budget 2012: Less pressure on public finance than first feared

Pressure on the public finances will be less severe than previously thought, according to the independent tax and spending watchdog, as the UK narrowly dodges another recession this year.Read

Budget 2012: New child benefit threshold announced

The news that some 750,000 parents will hold on to some or all of their child benefit was a welcome relief to many – but business leaders have warned the move means more red tape.Read

Budget 2012: Drinkers and smokers hit hard by rise in duty

Drinkers will be facing a rise in the price of a pint as a result of a Budget – and smokers will be hit even harder – with campaigners warning the increase in duty will mean job losses.Read

Budget

Budget 2012: Top tax rate cut but George Osborne cracks down on tax evasion

Chancellor George Osborne slashed the top rate of tax for the biggest earners in his Budget, claiming that the controversial 50% rate was damaging the economy. Read

Birmingham Chamber of Commerce

Budget 2012: Corporation tax cut welcomed by Birmingham Chamber of Commerce

Business leaders in the West Midlands have welcomed the Chancellor’s decision to cut the top rate of income tax and corporation tax as a recipe for growth and job creation in the region.Read

Petrol

Budget 2012: Motorists face 3p rise in fuel duty

Drivers have had their hopes of avoiding another petrol pump increase later this year dashed by Chancellor George Osborne.Read

Houses of Parliament, Big Ben

Budget 2012: State pension age set to rise

Millions of workers may have to work longer before they can retire, Chancellor George Osborne signalled in his Budget today.Read

George Osborne, budget

Budget 2012: George Osborne predicts rising growth

Chancellor George Osborne has predicted better than expected economic growth as he unveiled a Budget which "rewards working families and helps those looking for work".Read

Business

Budget 2012: Corporation tax cut to 24%

Corporation tax will fall by 1% after the Chancellor said he wanted to make the UK's tax system more competitive for business than in any major economy across the world.Read

David Bailey: Budget offers local chance

With the budget due next week, one way that central government could help boost local growth in cities like Birmingham is by freeing up local councils to issue bonds. Such bonds could then be used to finance the building of new social housing, roads and other infrastructure projects as well as retrofitting older homes and business premises.Read

Ed Balls

Shadow Chancellor Ed Balls limbers up for budget with visit to Birmingham

Labour’s Shadow Chancellor Ed Balls was in Birmingham as he prepared for next week’s Budget showdown with George Osborne. He spoke to Neil Elkes after seeing first hand what Midland businesses wantRead

Cash, money

Tax credit trap leaves working families worse off than unemployed

Thousands of working West Midlands families will be better off on the dole when changes to the tax system are introduced next month, Ministers have admitted.Read

Budget

Manufacturers call on George Osborne to provide help in Budget

Business leaders have pressed home to the Government the measures they want to help "rebalance" the economy in the next few years.Read

Lorely Burt

Tax the rich and cut the amount poor pay, says Solihull Lib Dem MP Lorely Burt

Liberal Democrats are pushing the Chancellor to speed up tax cuts for people on ordinary salaries – and fund the reforms by increasing taxes on the rich, according to the chair of the Parliamentary party.Read

Budget

CBI calls for £500m business boost from George Osborne's Budget

The Government has been urged to give a £500 million Budget boost to business through a series of changes to the tax system aimed at stimulating growth.Read

Business leaders call on Chancellor to 'announce less but do more' in Budget

Midland business leaders have asked Chancellor George Osborne to “announce less but do more” in next month’s Budget.Read

West Midlands Police cuts: Chief Constable predicts success for force

West Midlands Police force has been forced to cut £126m from its budget. Chief Constable Chris Sims tells Mark Cowan how the cuts have been achieved.Read

David Bailey: Autumn Statement an exercise in damage limitation

Professor David Bailey considers the hopes for growth in the aftermath of George Osborne’s Autumn Statement Read

Birmingham schools chief says he can still deliver £60m savings

The politician responsible for running Birmingham’s education services is insisting his budget will stay out of the red even though plans to save £6 million by axing free home to school transport have been shelved.Read