So, what's in the PBR then?

[AtW]

UK has "the most flexible labour market in Europe"

For employers (apart from the State) it is...

[TheFaQQer]

Broadband tax confirmed

[TheFaQQer]

Tax on bank bonuses of over £25k to be paid by the bank.

Should raise £500m

[TheFaQQer]

Pensions for the rich get hit.

[TheFaQQer]

No changes to income tax rates because of negative inflation.

[Moscow Mule]

1305 The chancellor says he will cut to 10p the corporation tax on profits from companies promoting research and development.

1304 A bit more for young people, many of whom who will of course be first-time and undecided voters. There will be financial support for 10,000 low-income undergraduates to help them carry out internships in professions and give their career prospects a boost.

Chance of small companies seeing any of this cash = 0.

[AtW]

So, let's say £1 mln greedy banker's annual assured bonus:

1) Bank pays 50% tax - £500k left
2) Employee pays 40% tax - employee pays £200k

So far paid 70% of total ... too small! all this means is that bank will give bigger bonuses from taxpayers money

[RichardCranium]

Broadband tax confirmed

... to encourage broadband take-up.

[OwlHoot]

Borrowing of £178Bn this year.

but Darling will have it cut to £82Bn by 2014....

Isn't that the deficit, which is the *increase* in National Debt?

The word "cut" is misleading, because all the while the deficit is positive (i.e. the next several years) the actual debt continues to spiral up up and away!

[TheFaQQer]

"We take these decisions from a position of strength...."

What planet is he on?!?!?!?!