Budget 2011
29 November 2011 - Introduction
Despite warnings this week that the UK was likely to slip back into recession, Chancellor George Osborne has said that the Office for Budget Responsibility’s (OBR) latest annual growth and borrowing figures do NOT predict this happening. However, the figures do show that the bust was deeper and had an even bigger effect on Britain than first thought, he said.
Giving his Autumn Statement in response to the OBR’s report, Mr Osborne updated MPs on the current state of the economy, as well as outlining the Government’s plans for its future growth.
Referring to the ongoing eurozone crisis, the Chancellor said that the Government would do “whatever it takes” to protect Britain from the debt storm.
Economic growth and borrowing
Details of changes to economic growth and borrowing.
Business
Details of changes to business.
Tax
Details of changes to tax.
Pensions and benefits
Details of changes affecting pensions and benefits.
Infrastructure and transport
Details of changes to infrastructure and transport .
Housing
Details of changes to housing.
View official documents and full Autumn Statement
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