UK Budget, March 21 2007 UK share prices hit a three-week high yesterday after Gordon Brown announced income and business taxes would be cut next year.
Video: The FT’s Budget assessment
Chris Giles, economics editor, analyses the tax changes
The FTSE index of 100 leading shares reached 6,287.5 in early afternoon trading, up 0.5 per cent from the start of the day, amid hopes that tax cuts would boost corporate earnings.
