What do we already know about today's Budget?

Today's Budget is one of the most leaky ever. Here is a breakdown of the measures already trailed.

You would be forgiven for thinking that George Osborne's Budget speech today is simply a formality, given the amount of material that has already been leaked. Here is a summary of what has already been trailed, in what must be one of the most leaked Budgets ever.

50p tax

It looks nearly certain that the Chancellor will scrap the top rate of tax, which applies to those earning over £150,000. Rather than abolishing it outright, it will be reduced from 50p in the pound to 45p. This lays the groundwork for getting rid of it entirely next year, and reverting to 40p as the highest rate of tax.

Tax avoidance clampdown

To offset this tax cut for the rich, Osborne has promised to "come down like a ton of bricks" on those who avoid stamp duty. The annual charge on non-domiciled residents will also be upped from £30,000 to £50,000. It's worth noting that the higher rate was floated last year but did not materialise. In today's FT, Martin Taylor says we should not expect this tax clampdown to work.

Stamp duty

In a small victory for the Lib Dems, who have long been lobbying for some form of property tax, stamp duty is to be raised from 5 per cent to 7 per cent on properties worth more than £2m. This measure should raise £2.2bn to help fund the increase in the income tax threshold.

Raising the income tax threshold

Osborne will accelerate plans to raise the income tax threshold to £10,000. This move, heavily touted by the Liberal Democrats, will apply to all 23 million basic tax-rate payers and many higher earners, too. Osborne is likely to announce a large short-term increase, with plans to reach the £10,000 mark by April 2014, long before it was scheduled.

Regional pay deals

Public sector workers in poorer areas of the country will be paid lower salaries - in some cases, as early as next month. Osborne will argue that the public sector should be more like the private sector and reflect local economies, but critics say it will accentuate the economic divide between north and south. It was unclear whether the new rates would apply only to new staff or to existing staff as well. The Treasury insisted that no current employee would suffer a pay cut - rather, rates would be adjusted over time.

Sunday trading hours

The Chancellor will force through emergency legislation lifting the six-hour limit on opening hours for larger stores, in a bid to boost the economy. The restrictions will be lifted on eight weekends over the summer, to coincide with the Olympics and Paralympics. This could open the door for the restrictions to be scrapped altogether.

Tax transparency

Taxpayers will be given a breakdown of where their tax money is going, from the NHS, to defence, to unemployment benefits.

TV tax breaks

The government will launch a consultation on tax breaks for high-budget British television dramas, such as the wildly successful Downton Abbey.

Royal Mail privatisation

In a radical move, the government will take on all the assets and liabilities of the Royal Mail's pension fund, taking responsibility for paying postal workers' pensions for decades to come. This will open the door for the privatisation of the postal service: the pension fund, which has a shortfall of £9.5m, would make it impossible to attract a private sector buyer.

Planning laws to be relaxed

Osborne has said he is "deeply frustrated" with the slowness of the planning process, and will announce new legislation to make it easier to build in the countryside. This will clear the way for more homes and infrastructure to be built - but it may further undermine the coalition's claim to be "the greenest government ever". Regulations protecting wildlife are expected to be scrapped as part of this drive.

International aid

It looks as if the commitment to spend 0.7 per cent of GDP on international aid will be maintained.

Samira Shackle is a freelance journalist, who tweets @samirashackle. She was formerly a staff writer for the New Statesman.

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I can’t follow Marie Kondo's advice – even an empty Wotsits packet “sparks joy” in me

I thought I’d give her loopy, OCD theories a go, but when I held up an empty Wotsits bag I was suffused with so many happy memories of the time we’d spent together that I couldn’t bear to throw it away.

I have been brooding lately on the Japanese tidying freak Marie Kondo. (I forgot her name so I typed “Japanese tidying freak” into Google, and it was a great help.) The “Japanese” bit is excusable in this context, and explains a bit, as I gather Japan is more on the case with the whole “being tidy” thing than Britain, but still.

Apart from telling us that we need to take an enormous amount of care, to the point where we perform origami when we fold our underpants, which is pretty much where she lost me, she advises us to throw away anything that does not, when you hold it, “spark joy”. Perhaps I have too much joy in my life. I thought I’d give her loopy, OCD theories a go, but when I held up an empty Wotsits bag I was suffused with so many happy memories of the time we’d spent together that I couldn’t bear to throw it away.

After a while I gave up on this because I was getting a bit too happy with all the memories, so then I thought to myself, about her: “This is someone who isn’t getting laid enough,” and then I decided that was a crude and ungallant thought, and besides, who am I to wag the finger? At least if she invites someone to her bedroom no one is going to run screaming from it, as they would if I invited anyone to my boudoir. (Etym: from the French “bouder”, to sulk. How very apt in my case.) Marie Kondo – should bizarre circumstance ever conspire to bring her to the threshold – would run screaming from the Hovel before she’d even alighted the stairs from the front door.

I contemplate my bedroom. As I write, the cleaning lady is in it. To say that I have to spend half an hour cleaning out empty Wotsits packets, and indeed wotnot, before I let her in there should give you some idea of how shameful it has got. And even then I have to pay her to do so.

A girlfriend who used to be referred to often in these pages, though I think the term should be a rather less flippant one than “girlfriend”, managed to get round my natural messiness problem by inventing a game called “keep or chuck”.

She even made up a theme song for it, to the tune from the old Spiderman TV show. She would show me some object, which was not really rubbish, but usually a book (it may not surprise you to learn that it is the piles of books that cause most of the clutter here), and say, “Keep or chuck?” in the manner of a high-speed game show host. At one point I vacillated and so she then pointed at herself and said, “Keep or chuck?” I got the message.

These days the chances of a woman getting into the bedroom are remote. For one thing, you can’t just walk down the street and whistle for one much as one would hail a cab, although my daughter is often baffled by my ability to attract females, and suspects I have some kind of “mind ray”. Well, if I ever did it’s on the blink now, and not only that – right now, I’m not even particularly bothered that it’s on the blink. Because, for another thing, I would frankly not care to inflict myself upon anyone else at the moment.

It was all a bit of a giggle eight years ago, when I was wheeled out of the family home and left to my own devices. Of course, when I say “a bit of a giggle”, I mean “terrifying and miserable”, but I had rather fewer miles on the clock than I do now, and a man can, I think, get away with a little bit more scampish behaviour, and entertain a few more illusions about the future and his own plausibility as a character, when he is squarely in his mid-forties than when he is approaching, at speed, his middle fifties.

Death has rather a lot to do with it, I suppose. I had not actually seen, or touched, a dead body until I saw, and touched, my own father’s a few weeks ago. That’s what turns an abstract into a concrete reality. You finally put that to one side and gird up your loins – and then bloody David Bowie snuffs it, and you find yourself watching the videos for “Blackstar” and “Lazarus” over and over again, and reach the inescapable conclusion that death is not only incredibly unpleasant, it is also remorseless and very much nearer than you think.

And would you, dear reader, want to be involved with anyone who kept thinking along those lines? I mean, even if he learned how to fold his undercrackers into an upright cylinder, like a napkin at a fancy restaurant, before putting them in his drawer? When he doesn’t even have a drawer?

Nicholas Lezard is a literary critic for the Guardian and also writes for the Independent. He writes the Down and Out in London column for the New Statesman.

This article first appeared in the 05 February 2015 issue of the New Statesman, Putin's war