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UK Budget 2005

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UK public sector finances weaker than expected

The public finances were weaker than expected in February, leaving open the question of whether Gordon Brown will meet his fiscal rules in this economic cycle.

Brown predicts growth of up to 3.5%

Chancellor expects above trend growth

Related content and features

At a glance

Reaction to the speech

What did business organisations, pressure groups and trade unions think about Gordon Brown’s ninth Budget?

Sketch

Brown offers medley of greatest hits

The big question hanging over this Budget was would it be Gordon Brown's last? So, naturally, one was watching for something of a valedictory from the chancellor...

Analysis

What next for Gordon Brown?

Gordon Brown

Speculation about a move to the Foreign Office should not be discounted but allies insist the architect of Labour?s economic reforms will stay at the Treasury. First there is a general election campaign to be fought.

Chris Giles

Argument on forecasts unresolved

Chris Giles

As confident as ever in the infallibility of his public finance forecasts, Gordon Brown dismissed all talk of black holes in the books and crowed about his ability to meet his rules on borrowing and debt.

Lex

Lex: Tarnishing the Golden Rule

Lex graphic

Gordon Brown’s ninth budget gave little joy either to taxpayers or his critics. But it did allow him to declare, with some satisfaction, that he had met his golden rule, to borrow only to invest over the economic cycle.

Historical comparisons

Previous Budget measures

Compare the measures announced in today’s pre-election Budget with measures introduced by the chancellor in successive Budgets from 1999 to 2005.

MORE UK BUDGET STORIES

Action on loopholes will target financial products

Few new measures to achieve science goal

Chancellor champions prudence with a heart

Biggest giveaway aimed at first-time buyers

Government confirms issue of 50-year gilt

Chancellor moves to encourage savers

Grey vote sweeteners ?are not adequate'

Rise in fuel duty postponed again

Treasury unveils UK-Reits proposals

Police get extra ?20m to tackle organised crime

Lobbyists say Brown too soft on climate change

Double inspections a drain on company time

Cigarette price hikes lower than expected