Knowledge (XXG)

1978 United Kingdom budget

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on 11 April 1978. It was the sixth and penultimate budget to be presented by Healey, and the first to be broadcast on the radio. It saw the chancellor unveil a programme of tax cuts worth £2.4bn, including reductions in
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was cut by 1%. Healey also reintroduced free school milk for children aged 7 to 11. He told the House that for once he was not asking people to make any sacrifices.
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MPs gave the statement a lukewarm reception, while the
554: 246: 68: 58: 48: 40: 147:, were more enthusiastic. In her response, the 224: 159:, claimed the tax cuts would soon disappear. 8: 18: 231: 217: 209: 17: 577:Government spending in the United Kingdom 654:April 1978 events in the United Kingdom 168: 7: 14: 613: 612: 587:Office for Budget Responsibility 32: 1: 177:"Bygone budgets: April 1978" 108:Chancellor of the Exchequer 675: 521:September 2022 mini-budget 131:, while the basic rate of 119:for small businesses, and 100:1978 United Kingdom budget 610: 80: 31: 639:1978 in British politics 157:Leader of the Opposition 649:1978 government budgets 644:United Kingdom budgets 536:2023 autumn statement 526:2022 autumn statement 240:United Kingdom budget 195:"Budgets 1945 – 1979" 27:United Kingdom budget 592:Parliament Act 1911 504:Winter Economy Plan 28: 626: 625: 153:Margaret Thatcher 121:Capital gains tax 102:was delivered by 96: 95: 666: 616: 615: 602:Spring Statement 567:Budget Broadcast 499:Summer statement 233: 226: 219: 210: 203: 202: 191: 185: 184: 173: 112:House of Commons 36: 29: 26: 24: 674: 673: 669: 668: 667: 665: 664: 663: 629: 628: 627: 622: 606: 597:Spending Review 550: 242: 237: 207: 206: 193: 192: 188: 183:. 3 March 1999. 175: 174: 170: 165: 117:Corporation Tax 92: 86: 22: 20: 12: 11: 5: 672: 670: 662: 661: 656: 651: 646: 641: 631: 630: 624: 623: 611: 608: 607: 605: 604: 599: 594: 589: 584: 579: 574: 569: 564: 558: 556: 552: 551: 549: 548: 543: 538: 533: 528: 523: 518: 513: 508: 507: 506: 501: 491: 486: 481: 476: 471: 466: 461: 456: 451: 446: 441: 436: 431: 426: 421: 416: 411: 406: 401: 396: 391: 386: 381: 376: 371: 366: 361: 356: 351: 346: 341: 336: 331: 326: 321: 316: 311: 306: 301: 296: 291: 286: 281: 276: 271: 266: 261: 256: 250: 248: 244: 243: 238: 236: 235: 228: 221: 213: 205: 204: 186: 167: 166: 164: 161: 94: 93: 87: 81: 78: 77: 72: 66: 65: 60: 56: 55: 50: 46: 45: 42: 38: 37: 13: 10: 9: 6: 4: 3: 2: 671: 660: 659:1978 in radio 657: 655: 652: 650: 647: 645: 642: 640: 637: 636: 634: 621: 620: 609: 603: 600: 598: 595: 593: 590: 588: 585: 583: 580: 578: 575: 573: 572:Budget purdah 570: 568: 565: 563: 560: 559: 557: 553: 547: 544: 542: 539: 537: 534: 532: 529: 527: 524: 522: 519: 517: 514: 512: 509: 505: 502: 500: 497: 496: 495: 492: 490: 487: 485: 484:November 2017 482: 480: 477: 475: 472: 470: 467: 465: 462: 460: 457: 455: 452: 450: 447: 445: 442: 440: 437: 435: 432: 430: 427: 425: 422: 420: 417: 415: 412: 410: 407: 405: 402: 400: 397: 395: 392: 390: 387: 385: 382: 380: 377: 375: 372: 370: 367: 365: 362: 360: 357: 355: 352: 350: 349:November 1993 347: 345: 342: 340: 337: 335: 332: 330: 327: 325: 322: 320: 317: 315: 312: 310: 307: 305: 302: 300: 297: 295: 292: 290: 287: 285: 282: 280: 277: 275: 272: 270: 267: 265: 262: 260: 257: 255: 252: 251: 249: 245: 241: 234: 229: 227: 222: 220: 215: 214: 211: 200: 196: 190: 187: 182: 178: 172: 169: 162: 160: 158: 154: 150: 146: 142: 141:Liberal Party 138: 134: 130: 126: 125:Geoffrey Howe 122: 118: 113: 109: 105: 101: 90: 85: 79: 76: 73: 71: 67: 64: 61: 57: 54: 51: 47: 44:11 April 1978 43: 39: 35: 30: 16: 617: 546:October 2024 516:October 2021 263: 198: 189: 181:The Guardian 180: 171: 149:Conservative 145:Lib–Lab pact 104:Denis Healey 99: 97: 75:Denis Healey 63:Labour Party 15: 155:, the then 129:1980 budget 633:Categories 582:Money bill 562:Budget Day 541:March 2024 511:March 2021 479:March 2017 464:March 2015 434:March 2010 344:March 1993 269:April 1979 163:References 133:income tax 89:April 1979 70:Chancellor 49:Parliament 469:July 2015 439:June 2010 274:June 1979 110:, to the 41:Presented 619:Category 199:BBC News 151:leader, 247:By year 127:in the 82:‹  21: ( 137:Labour 106:, the 555:Other 59:Party 531:2023 494:2020 489:2018 474:2016 459:2014 454:2013 449:2012 444:2011 429:2009 424:2008 419:2007 414:2006 409:2005 404:2004 399:2003 394:2002 389:2001 384:2000 379:1999 374:1998 369:1997 364:1996 359:1995 354:1994 339:1992 334:1991 329:1990 324:1989 319:1988 314:1987 309:1986 304:1985 299:1984 294:1983 289:1982 284:1981 279:1980 264:1978 259:1972 254:1909 98:The 84:1977 53:47th 23:1978 19:1978 635:: 197:. 179:. 232:e 225:t 218:v 201:. 91:› 25:)

Index


47th
Labour Party
Chancellor
Denis Healey
1977
April 1979
Denis Healey
Chancellor of the Exchequer
House of Commons
Corporation Tax
Capital gains tax
Geoffrey Howe
1980 budget
income tax
Labour
Liberal Party
Lib–Lab pact
Conservative
Margaret Thatcher
Leader of the Opposition
"Bygone budgets: April 1978"
"Budgets 1945 – 1979"
v
t
e
United Kingdom budget
1909
1972
1978

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