Search

Chancellor George Osborne to announce 2016 Budget

07:00 16 March 2016

Barking and Dagenham Council leader Darren Rodwell credited chancellor George Osborne for backing the A13 flyunder (Pic: PA/Yui Mok)

Barking and Dagenham Council leader Darren Rodwell credited chancellor George Osborne for backing the A13 flyunder (Pic: PA/Yui Mok)

PA/Press Association Images

Chancellor George Osborne will announce his 2016 budget later today with spending cuts likely to feature high up on the agenda.

Nothing is ever certain in politics but the rumour mill of Westminster has been busily turning while the Tory MP has been dropping his own hints in the past few days.

With four years to go before the next general election, the government could be set to announce some less popular decisions and Mr Osborne has already stated that 50p in every £100 of public spending needs to be slashed by 2020.

This could see local councils and police forces bearing the brunt of almost £4billion worth of cuts.

The £27bn Crossrail 2 scheme is set to get the official go-ahead and plans to spend £1.2bn on building starter homes on brownfield sites are also likely to be outlined.

Tobacco and fuel duties could be due for an increase, with some reports suggesting a minimum price for cigarettes could be introduced.

Meanwhile a four per cent rise in the minimum wage from October is set to be announced, bringing the rate for 21 to 24-year-olds up to £6.95 an hour

Keep checking back throughout the day and follow us on Twitter for all the key announcements.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Barking and Dagenham Post visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Barking and Dagenham Post staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Barking and Dagenham Post account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Latest Barking and Dagenham News Stories

Bus routes could be set to change (Pic: Adam Tiernan Thomas)

Your views are wanted about proposed changes to bus routes.

12:00
Barking businesswoman Mo Obadina has written her debut work.

An accountant who started her own business is inspiring others to do the same.

09:00
Dagenham Central Bowls Club members are inviting residents to try their hands at the sport from 1pm on Sunday, July 3. The event is sponsored by Romfords Co-op branch.

For more than 50 years, residents have been quietly enjoying the most sociable of sports: bowls.

Yesterday, 17:00
Yoga instructor Toma Janulyte-Stankebil hopes to de-stress Barking

Lithuanian-born Toma Janulyte-Stankevic tells Sebastian Murphy-Bates how she uses yoga classes to work out people’s worries and focus on the self

Yesterday, 12:00
Adnan Mahmood picking up his silver award

A college lecturer has won a top award.

Yesterday, 09:00
Barking gym - this girl can

If you’ve ever wanted to go a gym but were scared to go alone then take advantage of an upcoming offer from The Gym Barking.

Fri, 17:41
The Post spoke to Ali Hassan and Tas Miah about their reactions to Brexit.

In the early hours of this morning, Britain voted to leave the EU at the climax of a bitterly fought referendum campaign.

Fri, 15:57
Flooding in Felton Road, Barking: Pic Twitter/@jGLOVER79

Several residents have had to move into emergency accommodation after flooding caused havoc across the borough yesterday.

Newsletter Sign Up

Most read news

HOT JOBS

Show Job Lists

Competitions

£15k prize bundle

Imagine having the opportunity to win an incredible £15,000 bundle of some of the most amazing prizes available. Well, for one lucky contest entrant that dream could soon become a reality because we at MyOffers are offering an incredible free prize bundle that will make even the most hardened person wild with excitement.

Win a BMW 1 series

There are fewer cars currently on the market more stylish and exciting than the BMW. Known all over the world as one of the best car manufacturers, the BMW is renowned for sleek designs and fantastic high quality workmanship.

Digital Edition

cover

Enjoy the
Barking and Dagenham Post
e-edition today

Subscribe