- Non-frontline services will be cut GBP 6 bln
- NHS spending to rise each year in real terms
- Substantial rise in personal allowance for income tax from 2011, plan to reach GBP 10,000 over the long-term
- To tax airlines on per plane basis, not per passenger
Cable is trading a bit weaker in early US trade, weighed down by Swiss EUR/GBP purchases. Cable trades now at 1.4868, EUR/GBP at 0.8530.
