Thursday – Video Day

©static.guim

In order to help structure this blog I’m going to add ‘Thursday Video Day’, where I will find a video from the internet and post it on my blog.

It will be interesting and up-to-date in current affairs.

First Video:“As it happened: Budget 2013”
http://www.bbc.co.uk/news/uk-politics-21851454

The video that comes up is a 9min video on the reaction of the 2013 Budget.

Some key points of the Budget:

  • George Osbourne delays spending in Whitehall in order to reduce headline borrowing.
  • NI is reduced by £2000, aimed at smes to increase employment.
  • Increased taxes on Beer have been cancelled and he is reducing the current tax by 1p.
  • Corporation Tax to be reduced to 20% (down from 21%) in 2015.
  • First £10,000 of income will not be taxed from next year.
  • Fuel duty tax rise cancelled (Osbourne claims he has saved us 13p over past 2 years from scrapping fuel duties)

The video explains parts of the budget in more detail, with analysis from Stephanie Flanders, Robert Peston and Nick Robinson.

Ed

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s