Of course, what Existentialist failed to mention in all of this was the changes that happened months ago (June) that benefit the poorest classes:
Source: http://www.bbc.co.uk/news/10371590
Quote:Mr Osborne also announced plans to help the low paid by raising personal tax allowances, taking an estimated 880,000 people out of the tax system and give millions of basic rate taxpayers a tax cut of £200 per year.
From January 2011, the government will introduce a bank levy, which will apply to the balance sheets of UK banks and building societies and the UK operations of foreign banks. Mr Osborne said the move would raise £2bn a year once it was fully in place.
Mr Osborne said public sector workers paid more than £21,000 a year would have a two year pay freeze with those paid less getting a flat pay increase of £250 for the next two years.
Source: http://www.bbc.co.uk/news/10371590