2 edition of The 1995 UK budget found in the catalog.
The 1995 UK budget
|Other titles||The nineteen ninety five UK budget.|
|Series||Report / Northern Ireland Economic Council -- 118|
|Contributions||Northern Ireland Economic Development Office., Northern Ireland Economic Council.|
|The Physical Object|
|Number of Pages||83|
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This document contains the following information: Financial statement and budget report This paper was laid before Parliament in response to a legislative requirement or as a Return to an Author: HM Treasury. Budget (Kenneth Clarke) Income Tax comes down by 1p Chancellor Kenneth Clarke said in that he had delivered a "sensible" Budget aimed at sustaining Britain's long term economic recovery.
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Public spending cuts were the focus of Kenneth Clarke's budget, with the Conservatives committed to reducing spending by £24bn over three years. But the Conservative party was in disarray. Budget process. The UK fiscal year ends on 5 April each year.
The financial year ends on 31 March of each year. Thus, the UK budget for financial year would cover the period from 1 April to 31 March and is often referred to as – The extent to which Government – let alone a single Budget – can bring this about is clearly limited.
We cannot instantly inculcate the spirit of enterprise by Act of Parliament, or abolish latter-day Luddism overnight simply by adding a few more pages to the statute book. [column ] RETROSPECT.
The Chancellor of the Exchequer (Sir Geoffrey Howe): In my Budget Statement last June I said that the economic situation that we inherited was a difficult one.
I stressed that it would take time to check, and then to reverse, Britain's long-run economic decline – time, and resolute commitment to the right strategy, for a period of years ahead.
His March Budget was a classic pre-election giveaway, with a £1bn extension of the 10% tax band, along with a further £1bn targeted at families with children. He also confirmed that there would be a sizeable Budget surplus - £bn instead of the £10bn he forecast the previous November, and that he would repay a record £34bn of national debt.
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