Budget 2010 – what does it mean for you?

Pendle MP, Gordon Prentice, today welcomed the Budget which is designed to put the country back on the path of growth as we emerge from a fierce global recession.

Speaking from Westminster, the MP said: "Everyone knows the global recession is hitting everyone hard. But taking an axe to public services, as the Conservatives propose, is precisely the wrong solution."

"I welcome the stamp duty land tax relief for first time buyers paid for by an increase in stamp duty on houses worth over £1 million."

"I welcome the Young Person’s Guarantee after March 2011 to guarantee training or work experience if they cannot find a job within six months."

"The continuation of the additional payment alongside the Winter Fuel Payment of £100 to households with someone over 80 will be welcomed."

The MP added: "These are difficult times, no question, but we are getting through them."

Directgov’s report containing information for citizens will be available at www.direct.gov.uk/budget and businesslink.gov/uk’s report containing information for businesses is available at www.businesslink.gov/uk/budget.

The full Budget report is available at www.hm-treasury.gov.uk/budget2010.htm