The Chancellor of the Exchequer, Rt. Hon. George Osborne MP, will tomorrow announce a number of measures in the last budget of this parliament aimed at helping local people.
Sir Edward Leigh MP has spoken about what might be included in the statement to MPs.
"The Chancellor has been pursuing a strong, well-thought-out long-term policy and I know this budget will continue to help people keep more of their hard-earned money in their own pockets for them to do with as they please."
“We should see a tax cut for working people, with the personal income allowance once again rising to around the £11,000 mark. This will mean even more people – those in part time work or on low wages – not paying income tax at all, with millions of people across the nation having their taxes cut. I also think we need to raise the level at which people pay the 40 per cent rate of income tax.
“One of our highest priorities is to provide older people security in retirement. I expect the Chancellor to be ambitious and propose reform of people’s pensions, allowing five million existing pensioners to sell their annuities for cash even though they have already retired. This idea, first aired in January, is intended to give more people freedom to spend their savings as they choose, rather than being locked into poor-value schemes.
“We know here in Lincolnshire that we need new homes, but we also need to be sure they’re put in the right places. The Chancellor is looking for ways to support building the new homes we need, but not in the open countryside, so development on brownfield sites will receive particular encouragement from the Treasury. We also need to stop banks and building societies hitting customers with hidden mortgage fees, which can cost home owners hundreds of pounds.
“My Conservative colleagues on West Lindsey District Council have been driving home the need to deliver super-fast broadband locally, and like them I expect the Chancellor to announce infrastructure reforms that will include plans for ultrafast broadband nationwide.
“I expect additional funding of around £250million a year to treat children with mental health problems, such as self-harming or anxiety, and extra help for new mothers suffering post-natal depression.”
"We know that a strong, competitive economy is the only way to build a secure and better future for everyone. Income tax has been cut and fuel duty frozen, more private sector jobs created, and benefits have been capped. We’ve reduced the deficit but debt remains far too large for us to be comfortable just yet. A Labour government would only borrow more and destroy our ongoing but still fragile recovery.