What damage will the budget have on your finances?

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• Published: 10 Dec 2009 in Money and General

Well the pre-Budget speech has come and gone and we are now left to rummage through what potential damage the chancellor’s speech may have on our finances.

As expected, Alistair Darling played it relatively safe so as not to alienate voters who may be unsure which political party to vote for in the looming general election.

But Darling did pull a brave one out of the hat –even although it was a tactic to win votes – and that took the form of a super-tax that is to be imposed on banks which pay their bankers’ large bonuses.

But it isn’t just the bankers that are being penalised, the rest of us will also have to put up with some tax rises.

To read the rest of the editor’s blog and add your comments, follow this link.