Solicitor Tom Brennan has accused NatWest of injustice, abuse of power and unlawful conduct over the amount of overdraft fees charged by the banking giant. While Mr Brennan has actually made it to court this time (after various delaying tactics by NatwWest) and been allowed to detail his claims, the court case has yet again been adjourned until a later date.
As we are all being bombarded with feedback from Gordon Brown’s last budget, we thought it may be interesting to actually detail how much tax is raised by the UK government, and where it all goes.
Using figures released by HM Treasury for the 2006/07 tax year, the total spend by the government was some £587 billion. The figure was raised from a number of different areas which included :-
The Chancellor Gordon Brown has today delivered what many expect to be his final Budget speech, before taking up the role of Prime Minister. Mr Brown did not disappoint the masses with a flawless performance, which highlighted many positive factors in the budget, while glossing over some of the not so helpful changes. One phrase to best describe today’s changes - “Smoke and Mirrorsâ€.
The highlights include :-
As we approach the UK budget on 21st March, Gordon Brown has a difficult balancing act in what is widely expected to be his last budget before moving to the role of Prime Minister. While he has to be seen to be staying in line with his economic objectives of the past, he also needs to ensure that the UK voter is on his side - no mean feat.
As we approach the big day, rumours are rife about what may happen. Some of the rumours include :-
As Gordon Brown continues with plans for his 11th, and what seem certain to be his last budget as Chancellor of The Exchequer on 21st March (prior to his much rumoured move to Number 10 Downing Street), many people believe that it will be “business as usualâ€.Â
Throughout his tenure as head of the Treasury, Mr Brown has been renowned for his no nosense approach, tightening the fiscal belt where required, and investing in the country when possible. It appears that his last budget will set out his plans for the next 3 fiscal years, thereby effectively creating a “straight jacket†for the next Chancellor.
