Budget 2003 - Building a Britain of Economic Strength and Social Justice: Economic and Fiscal Strategy Report and Financial Statement and Budget Report (The Red Book)April 2003 - Softcover

Unknown Author

Softcover

ISBN 10: 0102921334 ISBN 13: 9780102921335

Publisher: The Stationery Office Books, 2003

Synopsis

The Government's objective is to deliver high and stable levels of growth and employment, with opportunity and rising living standards for all - a Britain of economic strength and social justice. Against a backdrop of global uncertainty, "Budget 2003" describes how the Government is seeking to meet the long-term challenges of globalization, achieving both flexibility and fairness together. "Budget 2003, Building a Britain of Economic Strength and Social Justice", presents updated assessments and forecasts of the economy and the public finances, reports on how the Government's policies are helping to deliver its long-term goals and describes the further steps that the Government is taking to advance its goals. The budget: demonstrates that the economy is on course to maintain stability and that the Government is on track to meet its fiscal rules over the economic cycle, while meeting its international and public spending commitments; sets out proposals to promote greater flexibility in the housing market and to streamline the planning regime; strengthens the drivers of enterprise and productivity, improving flexibility with further support to reduce regulatory burdens, simplify tax, boost research and development and improve access to finance for small businesses; takes further steps to increase flexibility in the labour market, with additional measures to raise workforce skills, new support to help people master change, and reforms to spread employment opportunity to disadvantaged groups; introduces a new Child Trust Fund to strengthen the saving habit of future generations, and provides for pensioners; advances fairness within the tax system, to ensure that businesses and individuals contribute fairly to the public services from which they benefit; and describes a range of further action to protect and enhance the environment, including through more sustainable waste management.

About this edition

• Publisher: The Stationery Office Books
• Publication date: 2003
• ISBN 10: 0102921334
• ISBN 13: 9780102921335
• Binding: Paperback