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A rise in the tax on petrol and diesel had been due to come into pressure within the autumn, but the Chancellor cancelled the rise to help arduous-pressed drivers. The Chancellor also announced plans to seek 'important' financial savings by way of reforming the system of annual rises via pay development in the general public sector, which he stated was tough to justify given that thousands and thousands of employees had seen their wages frozen or cut. The Chancellor confirmed that a new ‘general anti-abuse rule’ can be brought in, making it far simpler to drive folks to pay their fair proportion of taxes. A new £155-a-week flat rate pension will come into effect in 2016 - a 12 months earlier than deliberate, which means around 400,000 folks approaching retirement will receive more generous funds when they cease work

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