Yesterday the Chancellor presented his Budget for 2012. We have prepared a free analysis highlighting the key impacts and this is available as a download at the end of this text.

This Budget was heralded as a Budget for economic stability, tax simplification and growth, but was set against a relatively benign economy that is endeavouring to break out of the constraints of reductions in public expenditure, lower household incomes and growing job insecurity.

This Budget act as a reminder to us all that we should ensure that our personal and business budgets and plans reflect the reality of our available income and necessary expenditure. Debt remains embedded in our economy and the obligation to repay must be balanced with the need to save and invest.

We hope this briefing note is of use to you and would welcome any questions that you may have.