Chancellor George Osborne has announced the increase in the personal tax allowance to £10,000 will be brought forward to 2014.
Labour's Rachel Reeves has attacked the government for forcing the Bank of England's to pursue its deficit-wrecking QE policy to "compensate" for its poor fiscal support.
Will George Osborne will listen to the industry, asks Jenna Towler
The government should scrap higher-rate tax relief and reinstate the 10p rebate on pension funds' dividend payments in this month's Budget, an economist says.
Steve Webb has quashed speculation the Treasury could stop up rating pensions with price inflation and replace it with a lower figure next year to save money.
The Bank of England has increased its quantitative easing programme by a more than expected £75bn in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.
One can only imagine how long Gordon Brown would have been asleep by the time William Gladstone's Budget speech in 1853 finished.