For details on today’s budget please refer to the link: www.gov.uk/government/topical-events/budget-2014
A few specific points, which may be of interest, are:
- The NHS budget for the financial year 2014/15 is £108.3bn. The financial year 2015/16 will see a budget of £110.4bn
- The R&D tax credit will be raised to 14.5% for loss-making small businesses
- Confirmation of £55 million for the Cell Therapy Catapult
These can be found in the pdf version of the budget.