Article 55MF From Google tax to the welfare cap: a budget glossary of the key terms

From Google tax to the welfare cap: a budget glossary of the key terms

by
Katie Allen
from on (#55MF)

Our guide to what it all means in the chancellor's budget

Do you know your debt from your deficit? Your benefit cap from your universal credit? And what has Mr Micawber got to do with it all?

We take the main buzzwords expected in this budget, as well as those of budgets past, and break them down in this glossary.

Related: Has George Osborne really introduced a living wage?

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