Autumn Statement 2015

Budget: Osborne sweetens bitter outlook

personal finance budget
©Claire Mallison

Tax breaks for small firms and savers as growth slows

Official documents

British Finance Minister George Osborne poses for pictures with the Budget Box as he leaves 11 Downing Street in London, on March 16, 2016, before presenting the government's annual budget to parliament. British finance minister George Osborne will unveil Wednesday his annual budget, with more austerity pain as the global economic outlook darkens, but will pledge more cash for education and infrastructure.Most economists believe Chancellor of the Exchequer Osborne will likely avoid any major shocks, with three months to go until Britons vote on EU membership in a crucial referendum. / AFP PHOTO / LEON NEALLEON NEAL/AFP/Getty Images ©AFP
Full text of George Osborne’s Budget 2016 speech and Treasury documents

Budget 2016: summary and highlights

Osborne vows to ‘put the next generation first’

How does the UK Budget 2016 affect me?

UK tax, pensions, property, savings and insurance

Budget 2016: podcast special

Stephanie Flanders and Rupert Harrison analyse the economic and political implications

Latest News

Hospitals plan fresh cuts in services

Emergency cash injection fails to plug funding gap

Austerity not yet off government agenda

May has given no indication of rowing back on planned spending cuts

Borrowing target missed after just a month

Signs of slowing economy will make deficit reduction harder

Councils plot to keep control of schools

Local authorities explore setting up their own academy trusts

School children crossing road sign in England

Downing St faces rising grass roots revolt

School reforms and regional devolution fuel discontent

© Licensed to London News Pictures. 15/03/2016. London, UK. Chancellor of the Exchequer George Osborne leaves Number 11 Downing Street. Tomorrow Mr Osborne will present his budget to Parliament. Photo credit: Peter Macdiarmid/LNP

Osborne damaged but survives bad week

Analysis: how PM and chancellor contained ‘IDS of March’ fallout

Osborne hits back after Budget battering

Chancellor challenges soft-drink makers to fight his sugar tax

Osborne seeks to limit cuts damage

MPs hear refusal to apologise for disability benefits plan


Borrowing data add to pressure on chancellor

Government has little ‘wriggle room’ to hit fiscal year target

Cameron moves to stamp authority on party

Leadership reels over criticism of Budget benefit cuts

Cameron moves to close down VAT rebellion

Downing Street accepts Labour amendments to bill

Duncan Smith in new attack on ‘deeply unfair’ UK budget

Conservatives divided over work and pension secretary’s resignation

‘Significant concession’ for non-doms

Non-doms escape tax on historic capital gains on foreign assets

Disability benefits row sparks blame game

Mixed messages reflect tension between Osborne and Duncan Smith

The benefits U-turn will hurt Osborne

The government seems to have misjudged its positioning

Soft drinks groups digest UK sugar tax

Analysts expect to see fall in sales of sweet beverages

Osborne faces revolt over disability cuts

Signs of climbdown after Tory MP says measure has ‘zero chance’ of passage through the Commons

IFS criticises ‘giveaways to better off’

Drinkers, drivers, higher earners and savers are the main winners

UK tax on sugary drinks is ‘nannying’

Conservative MPs and independent researchers question levy

IFS warns on dark outlook for public finances

Think-tank says chancellor is running out of ‘wriggle room’

Osborne warns of more cuts

Chancellor says surplus promise only applies ‘in normal times’

Public finances certain to change

There is no doubt a huge fiscal tightening is pencilled in for 2019-20


How the sugar tax will help British diets

Curing the UK’s sweet tooth will be a long journey

Has Osborne had El-Erian round for tea?

The chancellor’s capital gains tax reform comes from the economist’s playbook

Gloom puts Osborne back on the defensive

The UK chancellor will let things slide at the cost of breaking another of his fiscal rules

The chancellor is in traps of his devising

Fiscal gimmicks make it almost impossible to tell what he is doing to the economy

Why the Budget is a pointless circus

The best cut the chancellor could make is to spare us this annual triviality, writes Tim Harford

A perfunctory Budget to smooth feathers

Osborne’s dread must be that souring forecasts get worse, not better

Funding is a must for infrastructure

London projects may look more attractive but strategic choices need courage, writes Diane Coyle

Osborne tries to sweeten paradoxical oops

Headline-grabbing sugar tax distracts from bad economic news