Cuts direct & indirect taxation
Great Britain · Government / Labour Party Government. Chronological records rendered directly from the World History Database.
Cuts direct & indirect taxation
Agrees to increase the defence budget from 3,400 million pounds to 4,700 million pounds under pressure from the US
Announces increases in social benefits & the introduction of capital gains tax
James Callaghan presents the 1965 Budget to the House of Commons as Chancellor of the Exchequer.
Surtax introduced & public investments cut. Incomes & prices are frozen for 6 months. HP controls are tightened, indirect taxes & post office charges raised. Announces a package of cuts in the House of Commons, in preference to devaluation
James Callaghan presents the 1966 Budget to the House of Commons as Chancellor of the Exchequer.
James Callaghan presents a cautious Budget intended to preserve economic stability while sterling remains vulnerable.
James Callaghan presents the 1967 Budget to the House of Commons as Chancellor of the Exchequer.
Sterling is strong, trade in surplus & the bank rate down to 6%. Callaghan announces a cautious budget
The Government publishes a White Paper to make defence cuts east of Suez
Delivers a tough Budget aimed at restoring financial confidence after devaluation.
Roy Jenkins presents a severe Budget raising approximately 923 million pounds in additional taxation.
Roy Harris Jenkins presents the 1968 Budget to the House of Commons as Chancellor of the Exchequer.
Roy Jenkins presents another restrictive Budget with taxation increases of approximately 340 million pounds.
Roy Harris Jenkins presents the 1969 Budget to the House of Commons as Chancellor of the Exchequer.
Roy Jenkins presents a cautious Budget after the balance of payments has moved into surplus.
Roy Harris Jenkins presents the 1970 Budget to the House of Commons as Chancellor of the Exchequer.
Denis Healey presents the Government's first Budget after Labour returns to office.
Healey raises the top rates on earned and unearned income while increasing food and pension subsidies for poorer households.
Healey presents a second 1974 Budget after Labour wins a narrow majority in the October election.
Denis Winston Healey presents the 1974 Budget to the House of Commons as Chancellor of the Exchequer.
Healey presents a crisis Budget as inflation rises and unemployment worsens.
Denis Winston Healey presents the 1975 Budget to the House of Commons as Chancellor of the Exchequer.
Denis Winston Healey presents the 1976 Budget to the House of Commons as Chancellor of the Exchequer.
Healey presents a Budget after the IMF crisis as sterling pressure eases.
Denis Winston Healey presents the 1977 Budget to the House of Commons as Chancellor of the Exchequer.
A white paper announces cuts to the defence budget of 4,700 million pounds over 10 yrs
Denis Winston Healey presents the 1978 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 1997 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 1998 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 1999 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2000 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2001 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2002 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2003 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2004 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2005 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2006 Budget to the House of Commons as Chancellor of the Exchequer.
James Gordon Brown presents the 2007 Budget to the House of Commons as Chancellor of the Exchequer.
Alistair Maclean Darling presents the 2008 Budget to the House of Commons as Chancellor of the Exchequer.
Alistair Maclean Darling presents the 2009 Budget to the House of Commons as Chancellor of the Exchequer.
Rachel Reeves presents the 2024 Budget to the House of Commons as Chancellor of the Exchequer.
Rachel Reeves presents the 2025 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.