Raises a budget to pay for the war with China raising income tax from 5d to 9d
Great Britain · Government / Conservative Party Government. Chronological records rendered directly from the World History Database.
Raises a budget to pay for the war with China raising income tax from 5d to 9d
Sudden resignation after the Cabinet will not support his proposed defense cuts
Proposes drastic cuts in funds for the armed services
Cuts the interest on Britains National debt
Goschens budget has a surplus of œ2,000,000
Churchill presents his first budget and announces the Government's intention to restore sterling's gold parity.
Reduces the Treasurys contribution to health & unemployment schemes by 11%. Intoduces a contributory old age pension scheme & reduces direct taxation by 4%
Accompanies Churchill during his 4th budget speech
Churchill makes his 4th budget speech
Reduces the standard rate of tax to 9 shillings in the pound. Due to a trade surplus 6d is taken off the standard rate of income tax
Churchills budget includes expenditure on the hydrogen bomb
Reduces taxation prior to the general election
Introduces Premium Bonds & cuts Government food subsidies
Cuts income tax, purchase tax & the price of beer & restores investment allowances
Reginald Maudling presents the 1964 Budget to the House of Commons as Chancellor of the Exchequer.
Cuts income tax, reduces subsidies, replaces industrial grants with tax incentives. Cuts income tax by 2 1/2 pence
The top rate of tax is reduced to 75%. Selective employment tax is halved. Child allowances & old age pensions are increased
Anthony Barber presents the 1971 Budget to the House of Commons as Chancellor of the Exchequer.
Anthony Barber presents the 1972 Budget to the House of Commons as Chancellor of the Exchequer.
Anthony Barber presents the 1973 Budget to the House of Commons as Chancellor of the Exchequer.
Attends the European Council & forwards the case for reducing Britains contributions
Geoffrey Howe presents the 1979 Budget to the House of Commons as Chancellor of the Exchequer.
Delivers the 1980 Budget with tax rises and spending restraint.
Raises duties and prescription charges while announcing public spending savings of pounds 900 million.
Pensions and social security rise below inflation; National Insurance and North Sea oil taxation rise.
Geoffrey Howe presents the 1980 Budget to the House of Commons as Chancellor of the Exchequer.
Geoffrey Howe presents the 1981 Budget to the House of Commons as Chancellor of the Exchequer.
Geoffrey Howe presents the 1982 Budget to the House of Commons as Chancellor of the Exchequer.
Tax allowances are raised by 14%, 1.75 million are taken out of income tax
Decides to make cuts mid financial year because of the higher than expected PSBR
Urges an immediate 3% reduction in cash limits. Through a sleight of hand, the extra revenue Walters wished to raise was secured by freezing income tax thresholds
Meets Khohl, they agree to forward CAP reforms from Stuttgart to the Athens Summit
Geoffrey Howe presents the 1983 Budget to the House of Commons as Chancellor of the Exchequer.
The 1984 budget lowers corporate taxes by a combination of reduced rates and reduced allowances. Abolishes Investment Income Surcharge & National Insurance Surcharge
Nigel Lawson presents the 1984 Budget to the House of Commons as Chancellor of the Exchequer.
Raises personal income tax allowances well above inflation
Nigel Lawson presents the 1985 Budget to the House of Commons as Chancellor of the Exchequer.
Cuts basic rate of income tax by 1 penny.
Introduces Personal Equity Plans to encourage personal investment.
Introduces a bold scheme to turn Britain into a nation of share-owners, the most generous package ever for charities and a series of tax changes targeted on average earners.
Resumes the reduction of the standard rate of personal Income Tax from the 30% rate to which it had been lowered in Sir Geoffrey Howes 1979 budget.
Nigel Lawson presents the 1986 Budget to the House of Commons as Chancellor of the Exchequer.
Cuts two pence off the basic rate of income tax
Nigel Lawson presents the 1987 Budget to the House of Commons as Chancellor of the Exchequer.
Establishes a rate of income tax at 40% & a reduction of the basic rate of tax to 25%. Abolishes all higher rates of tax apart from the 40 per cent rate, and increased the main income tax personal allowances by double the rate of inflation
Nigel Lawson presents the 1988 Budget to the House of Commons as Chancellor of the Exchequer.
Nigel Lawson presents the 1989 Budget to the House of Commons as Chancellor of the Exchequer.
Presents the Budget Statement to the House of Commons
Delivers the budget in the House of Commons
John Roy Major presents the 1990 Budget to the House of Commons as Chancellor of the Exchequer.
Norman Lamont presents the 1991 Budget to the House of Commons as Chancellor of the Exchequer.
Norman Lamont presents the 1992 Budget to the House of Commons as Chancellor of the Exchequer.
Norman Lamont presents the 1993 Budget to the House of Commons as Chancellor of the Exchequer.
The European Finance Bill is passed
Presents the budget for 1995-96, proposes cutting spending but not reducing taxes
Announces an increase in interest rates from 6.25% to 5.75%
Increases tax on petrol, cigarettes & alcohol
Kenneth Clarke presents the 1994 Budget to the House of Commons as Chancellor of the Exchequer.
Kenneth Clarke presents the 1995 Budget to the House of Commons as Chancellor of the Exchequer.
Kenneth Clarke presents the 1996 Budget to the House of Commons as Chancellor of the Exchequer.
George Osborne presents the 2015 Budget to the House of Commons as Chancellor of the Exchequer.
George Osborne presents the 2016 Budget to the House of Commons as Chancellor of the Exchequer.
Philip Hammond presents the 2017 Budget to the House of Commons as Chancellor of the Exchequer.
Philip Hammond presents the 2018 Budget to the House of Commons as Chancellor of the Exchequer.
Rishi Sunak presents the 2020 Budget to the House of Commons as Chancellor of the Exchequer.
Rishi Sunak presents the 2021 Budget to the House of Commons as Chancellor of the Exchequer.
Jeremy Hunt presents the 2023 Budget to the House of Commons as Chancellor of the Exchequer.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.