New Ambitions for Britain - Budget 1998

The Financial Statement and Budget Report contains the Government's assessment of the medium-term economic and budgetary position. It sets out the Government's tax and spending plans, including those for public investment, in the context of its overall approach to social, economic and environmental objectives. After approval by Parliament for the purposes of Section 5 of the European Communities (Amendment) Act 1993, this report will form the basis of submissions to the European Commission under Articles 103 and 104c of the Treaty establishing the European Unity.

Internal links

Full Report
Pocket budget
Speech
Corrigendum: Average increases in disposable income
Press Notices
Pre-budget report 1997 (coming soon)

Associated Documents (pdf format)

The Economy - Supplementary material to the FSBR (pdf 263Kb)
Working Families Tax Credit and work incentives (pdf 370Kb)
Innovating for the future: investing in R & D (pdf 457Kb)
The Code for Fiscal Stability (pdf 248Kb)
Work incentives: A Report by Martin Taylor (pdf 470Kb)

Legislation for the 1998 Budget

The Finance (No.2) Bill
The Finance Bill Clauses (535Kb)
The Finance Bill Schedules (949Kb)
The Finance Bill Explanatory Notes (1-20) (1.08 MB)
The Finance Bill Explanatory Notes (21-40) (2.89 MB)
The Finance Bill Explanatory Notes (41-60) (2.11 MB)
The Finance Bill Explanatory Notes (61-80) (2.60 MB)
The Finance Bill Explanatory Notes (81-158) (781Kb)