Pensions, FTBs and small businesses targeted in Budget 2011

23rd March 2011

First-time buyers were among those who were expcted to benefit from Chancellor George Osborne's second Budget today.

Other changes included a shake-up in the state pension and reform of a range of taxes such as venture capital trusts with big implications for top end investors and for more mainstream savers including a re-launch of National Savings & Investments inflation-linked bonds.

The proposed merger of National Insurance and income tax was also announced.

 Budget coverage on Mindful Money:

Savers get inflation-proof boost

What does downgraded UK growth mean for investors – Gemma Godfrey

The implications of rising inflation for today’s UK Budget and my emailed suggestions to Portugal’s Minister of Finance- Shaun Richards

2 thoughts on “Pensions, FTBs and small businesses targeted in Budget 2011”

  1. Anonymous says:

    Would it be fair to question what the current rally profile would be absent unconventional monetary actions of Fed, BoE, ECB and BoJ to support asset prices. Were such extraordinary measures present in earlier events?

    1. Simon Ward says:

      Interesting point. The current rally has been ahead of the average most of the time since the March 2009 trough, which may reflect the extraordinary degree of policy support. The two reconvergences with the average occurred when the Fed tried to turn off the QE tap.

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