Preview of the Spring Budget 2017


Budget statement in November 2016. More
Budget statement in March 2016. More
Spring Budget on Wednesday 8th March 2017
Chancellor Philip Hammond is due to present his Budget statement to the House of Commons on Wednesday 8th March 2017. It's likely his statement will focus on measures that would boost Britain's roads and railways together with measures to help build more houses. Possibly there may be changes to stamp duty and possibly fuel and insurance taxes.

What could we see of interest to classic car enthusiasts? Well in previous Budgets we have seen measures to crack down on whiplash claims and other frauds. Recent press reports suggest motor insurance premiums might rise because a change in the way compensation is calculated . The welcome fuel duty freeze seen for over four years is due to end in April.

The statement is expected to start at 12.30pm following Prime Minister's Questions. As usual we will have a prompt report on the statement and the measures announced of interest to classic motoring enthusiasts posted here within an hour or so of the Chancellor sitting down in the House of Commons.

See press views on the Budget Statement. Financial Times & Deloitte

Follow it live on BBC2 and on BBC Radio 4. See the GOV.UK webpage: More

See predictions from the petrolprices.com website. More

See a guide to Budget statement buzzwords. More
Updated: 170304
Posted: 170302
V8 Register - MG Car Club - the leading group for MG V8 enthusiasts at www.v8register.net