Tim Knox, CPS Director, guest writes for Reuters on yesterdays Budget.
"Next year, the British government will spend £680 billion – or just under £2 billion a day, every day of the year. Remember that when considering all the noise – in both Parliament and the media – about yesterday’s Budget.
Take the five main areas of tax reform put forward yesterday:
(Figures are for 2013/14. Source: Red Book. Table 2.1)
So these main tax changes account for £4.5 billion – the equivalent of a couple of days spending."
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