Main content
Insurance premium tax to fund flood defences
The chancellor has announced a 0.5% rise in insurance premium tax, with the money being spent on funding flood defences.
Unveiling the measure in the Budget, he announced new projects to protect five areas in Cumbria and Yorkshire.
Duration:
This clip is from
More clips from The Budget 2016
-
![]()
Jamie Oliver: This is a tax for good
Duration: 03:36
-
![]()
Budget analysis from 成人快手 business editor
Duration: 01:09
-
![]()
Budget analysis from 成人快手 political editor
Duration: 01:57
-
![]()
Budget analysis from 成人快手 economics editor
Duration: 01:53
More clips from Budget
-
![]()
McDonnell: Pretty pathetic to be honest—2018, The Budget 2018
Duration: 06:26
-
![]()
Truss: We still have cash in the locker—2018, The Budget 2018
Duration: 10:52
-
![]()
Corbyn attacks 'broken promise Budget'—2018, The Budget 2018
Duration: 03:32
-
![]()
MPs clap and cheers pensioner protester—2018, The Budget 2018
Duration: 00:56
