My gut feeling is that the tax on soft drinks will make no noticeable difference to the quantity consumed, or obesity over all, but as tax-raising measures go, at least this is one about which people have a choice. I can't help wondering though - if it was really about obesity, why just on soft drinks, and not on other sweet things, or even sugar itself?
Raising tax-free personal allowances is good. I've always felt that incomes below what one can actually live on should not be taxed at all, and at least things are moving in that direction. On the downside, the lowest paid are probably the least likely to benefit from this, as any benefits that they receive to top up their low income to a true living level will presumably be reduced by a similar amount, leaving them no better off.
The rest? Well, admittedly I didn't hear it all, but of what I did hear, most of it was just words, spin, screens and mirrors.
By the way, does anyone know how many times Osborne managed to squeeze in the expression "working families" in his speech? I didn't count, but it was more than enough times for it to start sounding rather ridiculous and to have me muttering obscenities under my breath!