UK Emergency Budget with Reuters
Have your say on Reuters about what the budget means to you
- looking forward to it immensely. Have you bookmarked and the popcorn ready
- you are bookmarked and I'm ready to go... seat in reclined position and popcorn ready.
- Britons expect the economy to deteriorate over the next year but are optimistic that the coalition government's policies will pay off eventually, a poll shows, Keith Weir reports uk.reuters.com
- Britain needs to move quickly to reduce its budget deficit despite U.S. President Barack Obama's warning about the perils of withdrawing economic stimulus too soon, Prime Minister David Cameron's spokesman said Monday. uk.reuters.com
- UK to dodge Greek fate with tough budget - Osborne uk.reuters.com
- Emergency VAT hike may hamper rate-setting uk.reuters.com
- Budget predictions from Julia Whittle of Punter Southall Financial Management. blogs.reuters.com
- Nick Earl of Wardour Partners gives his predictions on the budget blogs.reuters.com
- Key tests for the emergency budget, by Thomas Story of BDO blogs.reuters.com
- Banks, borrowing, bonds and Britain's budget blogs.reuters.com By Laurence Copeland
- A budget of woes? Where has our imagination gone? By Ruth Porter blogs.reuters.com
- From one uncertainty to another, by Anthony J. Evans blogs.reuters.com
- Is it safe to make cuts in the current economic climate? By Ian Ellis of Telereal Trillium blogs.reuters.com
- Dear Prime Minister, leave tech spending alone, by Steve Ranger blogs.reuters.com
- Entrepreneurs needed if the UK is going to make up the deficit, writes Joe White, managing director at Moonfruit.com blogs.reuters.com
- Join us for a live discussion as Chancellor George Osborne makes an emergency budget statement at 12:30 p.m. on Tuesday, June 22, 2010. Guests include Mark Bolsom, head of the UK trading desk at Travelex; Jeremy Cook, chief economist & manager, advisory services at World First; Ed Croft, CEO of Stockopedia; Graham Duckett, partner at Wardour Partners; Ian Ellis, executive chairman of Telereal Trillium. Anthony J. Evans, assistant professor, ESCP Europe Business School; Nick James, Fresh Business Thinking; Thomas Story, tax director, BDO; Richard Wellings, deputy editorial director at the Institute of Economic Affairs; Joe White, managing director of Moonfruit.com; Julia Whittle, principal and head of international Punter Southall
- Chancellor George Osborne has left Downing Street. He'll deliver his first budget in just under an hour.
- RT @hmtreasury: George Osborne has arrived at Parliament to deliver his Budget statement at 12.30pm #junebudgetcomment by tscholesfogg via twitter 6/22/2010 10:55:54 AM
- #junebudget #GBP twisting higher against its crosses, markets liking the sound of a sharpening axe....
- "One of the thorniest questions facing the coalition before this Budget has been whether to raise VAT," says the BBC's Nick Robinson. Will they or won't they, he asks. www.bbc.co.uk
- Good afternoon, All. Like many investors and small business owners out there, we're watching with some trepidation to see what happens to CGT. Is it really going to go straight to 40%? What will the "ifs" and the "buts" be? What will be the definition of "business assets"?
- Rumour has it that after the budget we will only be able to tweet up to 100 characters. #budgetcuts #junebudgetcomment by jamestoon via twitter 6/22/2010 11:13:25 AM
- You and me too Ed ;-) I've been building my business for over 10 years now, so hopefully there will be some taper to encourage longer term investment!
- Welcome bloggers.
- Budget cuts should restore confidence in GBP pushing the rate up to 1.25 against € & above 1.50 against $ #junebudget
- @jamestoon I hear that's only for people earning more than 100,000 pounds a year ;-)
- This is the first time I've been seriously concerned about a budget - but cant believe that a Tory budget will seriously attack enterprise - will it?
- @freshnick Let's hope not but it's such a difficult line that the Chancellor has to tack - radical measures to tackle the deficit without being seen to undermine economic confidence. He's been tangled in a Gordian knot - or Gordonian actually! I don't envy him one bit.
- #junebudget: Sun apparently reporting that CGT will only go up to 28%
- 12.30 fixes on GBPUSD and GBPEUR are 1.4718 and 1.1995 and 10 year gilt yield sitting at 3.449% #junebudget
- Even raising CGT to 28% will have a negative effect on investment - and will be counterproductive in the sense that it won't raise much, if any, extra revenue.
- Chancellor Osborne gets up to speak. Here we go...
- The speech begins
- Fear about sovereign debt is the greatest risk to European recovery, Osborne says
- Lower market interest rates are already supporting our recovery, Osborne says
- Chancellor won't hide the public from the harsh truth
- Will be interesting to see how the OBR adjusts its forecasts to take into account the budget proposed. There has been much talk of short term pain, and the potential impact of reducing immigration on UK growth. Will this support or damage the chancellor?
- #junebudget Sterling already moving higher on bullish talk from Osborne 1.4738 and 1.2015, GBPUSD and GBPEUR. Gilt yield unchanged
- Good afternoon everyone. Osborne dismisses Labour's "golden rule" exposing that it was not followed
- Surplus countries should do more to support global demand, Osborne says
- Structural current deficit should be in balance by 2015 to 2016
- Surplus countries definitely need to support demand. Problem is that there aren't many of them. Most countries (particularly in Europe) are now trying to rein in spending and become surplus counties, so the problem is, who is left spending? Who soaks up the production of goods and services with their demand?
- Debt to fall as share of GDP by 2015 - 16
- On track to have debt under control prior to next election - getting pain now though - you can feel it coming
- Growth in the UK economy is expected to be 1.2 percent for 2010
- Recent Liveblogs
- Who's Blogging
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Anthony J Evans
World_First
Nick Earl
freshnick
Julie Mollins, AlertNet
jmollins
Joe White
Ed Croft (stockopedia)
fxpayments
Richard Wellings- Jane Beverley
- Henry Denne
- Thomas Story
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