2010 Budget: Responsibility, freedom, fairness

After the longest and deepest recession since the Second World War, the Budget sets out a five-year plan to rebuild the British economy based on the Government’s stated values of:

• Responsibility
• Freedom
• Fairness

The Budget shows how the Government will make the tough choices required to tackle Britain’s record deficit. It sets out a plan to get the public finances back under control, and provides a springboard for a private sector-led recovery with balanced growth across sectors and regions.

We've produced some analysis of the impact on households of personal tax changes, tax credits, benefits and indirect tax changes being implemented in 2012-13.

The Chancellor made the following announcements during his Statement. The PDFs provide more information.

• Government restricts pension tax relief (PDF 87KB)
• Government introduces banking levy (PDF 107KB)
• Joint statement on bank levies from the UK, French and German Government's (PDF 80KB)

Read our easy-to-browse Budget document
We have teamed up with Issuu to create a Budget document you can search, scan, download or print.

The Budget in pictures
These charts and graphs illustrate the UK's current economic landscape.

Support for enterprise in your area
Find out how this Budget will help to build an economy that works for your region by using our interactive map

An A-Z of Treasury terms
Our glossary explains some of the words used by us at Budget time

ENDS

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