• The budget behind the headlines

    The budget behind the headlines
    George Osborne’s summer budget has received mixed reviews. We look at the small printSome called it the true blue budget and others the chancellor’s war on the welfare state. But at last week’s balancing of the fiscal books, the chancellor wielded the axe at billionaires as well as benefit claimants, with a number of headline-grabbing measures around personal finance.These included changes to the taxation of buy-to-let mortgages that will hit wealthier landlords, a reduction in the tax rel

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