Anglia Business Club discuss the Budget

ITV Business Club

The ITV Business Club in the Anglia region has been discussing George Osborne's upcoming Budget.

Live updates

Is the Tory's beer and bingo advert patronising?

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#budget2014 cuts bingo & beer tax helping hardworking people do more of the things they enjoy. RT to spread the word http://t.co/5vbL7RDAg5

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An advert by the Conservative Party highlighting changes to bingo and beer taxes has been described by Labour has patronising.

In the budget a 1p cut in beer duty and a halving of the tax on bingo to 10% was announced.

We want to know what you think. Will cutting the tax on bingo and beer make a difference to you? Do you think the advert is patronising?

Let us know by emailing anglianews@itv.com

Local MPs react on twitter to 2014 Budget announcements

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A superb budget for great British economy for savers, Workers & employers: growing & employing more. @george_osborne #LongTermEconomicPlan

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Delighted that in Budget the Gov has announced it will ensure offshore bookies pay levy – something I have pushed for http://t.co/0fJfXZDcwd

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Income tax threshold up to £10.5k, more apprenticeships, and support for small businesses to invest. #budget2014

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Chancellor pays tribute to VC hero

Chancellor George Osborne paid tribute to the heroism and courage of Lance Corporal James Ashworth.

The Corby soldier was awarded a posthumous VC for his courage after he was killed on patrol with the 1st Battalion The Grenadier Guards in Helmand Province last June.

He was protecting his comrades when he died.

The Chancellor mentioned the 23-year-old when announcing that the Military would receive the full recommended increase in "X-Factor" payment in May and to be exempted from changes to progression pay.

Full budget coverage can be seen here.

Budget day brings civil service strikes

Hundreds of civil servants across the region are expected to take part in a budget day strike today.

The Passport Office in Peterborough is one of the offices likely to be affected by the industrial action. A demonstration is also expected outside the tax office in Norwich.

The strike has been called by the Public and Commercial Services Union which is unhappy with plans to restructure pensions and terms of employment.

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Budget preview

George Osborne has promised his third Budget as Chancellor of the Exchequer will be "for working people" to help low and middle earners.

The Chancellor is expected to bring up several points, including:

1) RAISING TAX THRESHOLD

As of April people won't have to start paying tax until they earn just more than £8,000 but it's thought George Osborne may increase that yet again to around £9,000.

2) CHILD BENEFITS

The Chancellor has said he'll scrap child benefits for households where one parent pays the higher rate of tax but it's proved controversial.

3) FUEL DUTY

There is a planned rise of 3p due to come in August but will the Chancellor could cancel or postpone that.

4) PERSONAL STATEMENT

It's expected we'll all get our own annual personal tax statements spelling out exactly how much we pay and what it's spent on.

We went to Cambridge to find out what you'd like to see included in this year's Budget.

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