Local MP Harriett Baldwin has today welcomed measures in the budget which will help secure a better deal for savers and a better economic future for all. Chancellor George Osborne announced a series of measures which will help to encourage more savers and to give more freedom for pensioners to get best value from their lifetime's savings. Harriett commented: “There are some great pieces of news for hard-working local people in this budget. “I have many pensioners and savers in my constituency and I know that they will welcome some of the important changes to pensions rules and tax free savings. “I would particularly like to congratulate the Chancellor for introducing the new pensioner bond next January which will offer a better return than any equivalent in the market today. “Fuel duty has been frozen again and petrol prices are now 20 per cent cheaper than they would have been with Labour's fuel duty escalator. “The Chancellor told us that the typical taxpayer will be better off by £800 after personal tax thresholds were increased to £10,500. “There is great news for businesses which export and also a commitment to create 100,000 apprenticeships. “Overall, I think that this is a budget which will leave most people better off and reward hard-working people while creating the right conditions to create new jobs and continue on the important task of reducing the deficit.”