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| UK's Emergency Budget | Print |
A running theme of the coalition has been that the pain of spending cuts will be shared. UK's emergency budget gives George Osborne a chance to show what that promise is worth. Find out more about the emergency budget at the Which? Money emergency Budget 2010 liveblog.
Some of the highlights are:
- VAT hiked to 20% from next year
- Capital Gains Tax increases for higher earners
- Benefits overhauled to create 'fairer system'
- Personal allowances to increase from April
- Banks to be hit with extra levy from 2011

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