GEORGE Osborne yesterday delivered his debut Budget. Key measures included raising VAT to 20 per cent and cutting back on welfare provisions.
The ambitious package contains the toughest raft of austerity measures in the post-war period. But will it be a success? Has the new chancellor done enough to plug the yawning Budget deficit?
In our regular poll we want to know whether you think Osborne has passed his first big test.
Tell us what you think by signing up to our unique panel of London’s business community before 12 pm at www.cityam.com/panel
Today’s questions are:
• How would you rate the Budget?
• How successful or unsuccessful do you think this Budget will be in repairing the public finances?
• The chancellor announced an increase in the top rate of capital gains tax from 18 per cent to 28 per cent, with exemptions for entrepreneurs. Overall, do you think this measure will benefit or hurt enterprise?