Budget 2010: George Osborne the enforcer issues toughest Budget for a century
Every household in Britain will be worse off after George Osborne unveiled £29 billion worth of annual tax rises and the biggest cuts in public spending for almost a century.
By Andrew Porter, Political Editor
Published: 10:14PM BST 22 Jun 2010
George Osborne, the Chancellor, leaves 11 Downing Street to give his first Budget. Photo: CHRISTOPHER PLEDGER
In an ambitious attempt to reduce the nation’s borrowing, the Chancellor said everyone had to share the pain to repair “the ruins” of the economy.
Setting out what he described as the unavoidable Budget, Mr Osborne admitted that the better off would shoulder the largest burden of tackling the “emergency” facing Britain’s finances......