BUDGET 2014: What to look out for

Chancellor George Osborne

Chancellor George Osborne

First published in News

A NEW £1 coin, personal allowance increases and a ‘resilient economy.’

Later today, Chancellor George Osborne will set out his plans for the UK for the year ahead.

He will seek to support, what he has called a ‘resilient economy.’ Taking to the stand at 12.30pm, key issues on the addenda will be the proposed increase to £10,000 that people will be able to get tax free and a new 12-sided pound coin.

The new coin which is aimed at stopping forgeries and counterfeits, will replace the £1 coin that was introduced more than 30 years ago.

It resembles the old 12-sided threepenny bit.

More to follow

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