<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Portrait of the week

Portrait of the week

9 July 2015

1:00 PM

9 July 2015

1:00 PM

Home

In his Budget, George Osborne, the Chancellor of the Exchequer, slowed the planned rate of bringing in £12 billion of welfare cuts. He forecast a surplus by 2020. The bank levy would be reduced but a surcharge on bank profits imposed. The total of benefits that a family can claim a year would be cut to £23,000 in London and £20,000 outside it.

Already a subscriber? Log in

Easter flash sale:
10 issues for $1

Subscribe this Easter and get the next 10 issues of the magazine, plus website and app access, all for just $1.

  • Weekly delivery of the magazine
  • Unlimited access to spectator.com.au and app
  • Spectator Australia podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock 3 articles a month

REGISTER


Comments

Easter flash sale: 10 issues for $1

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close