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The 2001 United Kingdom budget, named "Investing for the Long Term: Building Opportunity and Prosperity for All", was presented by Gordon Brown, Chancellor of the Exchequer, to the House of Commons March 2001. As of June 2020 it is the most recent year in UK history that the government reported a budgetary surplus. [1]
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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 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22. Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.
The UK government has spent more than it has raised in taxation since financial year 2001–02, [3] creating a budget deficit and leading to growing debt interest payments. Average government spending per person is higher in Scotland, Wales and Northern Ireland than it is in England.
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Printable version; In other projects ... 2001 British novels (130 P) P. 2001 in British politics (3 C, ... 2001 United Kingdom budget; H.