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As the chancellor lays out his plans for the year ahead, we take a look at the winners and losers from the 2013 Budget.
Some of the main points from the 2013 Budget were as follows:
- GDP growth forecast to be 0.6% for 2013
- Borrowing to hit £114 billion
- £3 billion added to infrastructure spending for 2015/16
- Corporation tax cut by 1% in April 2015
- New Help to Buy scheme for homebuyers
- Fuel duty and beer duty rises scrapped
A look back at performance
If we look at the performance of the FTSE 350 in the wake of the Budget, the winners and losers work out as follows: