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Budget 2016: All you need to know in 30 seconds

Our handy guide to George Osborne's speech this afternoon

The Chancellor of the Exchequer George Osborne has o utlined his latest Budget in the House of Commons this afternoon.

So we've produced this handy guide you can read in just 30 seconds or a video you can watch and digest in just 90 seconds with all the information you need to know about this year's speech.

Sugar tax on drinks

A sugar tax will be levied on companies to help tackle childhood obesity. It will be brought in in two years to allow manufacturers to change their products.

There will be two bands of tax depending on how sugary the drink is. Pure fruit juice and milky drinks will be excluded.


David Davies/PA Wire

A promise to focus on improving schools in the North. There will be an extra £20m. The Chancellor said London schools have been turned around and now northern schools need the same.

All pupils up to 18 may learn maths - and all secondary pupils could have longer school days under dramatic new plans.

The Chancellor also pledged to convert all maintained schools to academy status by 2020.

Watch: The budget in 90 seconds

Criminal justice

The Chancellor confirmed new powers over the criminal justice system for Greater Manchester leaders in another wave of devolution for the region.

A new prison will be built as a result. The new deal will give local leaders influence over youth offending, probation and prison services - including over the future of prison buildings and where they are located.

Tax cuts

Next April, the tax free allowance will increase to £11,500.

Many higher earners will also get a cut. The top tax threshold will rise from just over £42,000 a year to £45,000 a year.

Business rates

From April, 600,000 small businesses will be taken out of business rates altogether - forever - saving them up to £6,000 a year.

That’s good news for ‘a typical corner shop in Barnstaple’ - and in Greater Manchester, presumably.

Benefits cuts

More than a third of £3.5bn savings needed by 2020 will come from welfare cuts to disability benefits - raiding £1.2bn.

But Mr Osborne said the disability budget will still rise by £1bn.


Upgrades to the M62 will be fast-tracked as part of £300m of new funding.

That will also pay for slashing train journey times between Manchester and Leeds down to 30 minutes.

Savings chance for those aged under 40

Anyone under 40 will be able to open an ISA which last for their lifetime. For every £4 saved the government puts in a £1

Rough sleeping


Not much detail on this one, but £115m will be put into schemes to help rough sleepers.

Cigarettes and alcohol

Cigarette taxation will continue to rise by 2pc and handrolling tobacco by 3pc.

But beer and cider duty is frozen.

Fuel duty

Fuel duty will be frozen for the sixth year in a row



Doug Thomson
Huddersfield Town correspondent
Chris Roberts
Huddersfield Giants correspondent
Louise Cooper
Crime correspondent
Nick Lavigueur
Health Correspondent
Joanne Douglas
Local Government Correspondent
Linda Whitwam
Education Correspondent
Henryk Zientek
Business Correspondent
Martin Shaw
Mirfield Correspondent