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UK Budget, March 21 2007

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Budget 2007

Tory right pushes for tax cuts pledge

David Cameron came under pressure from rightwing Conservative MPs and peers to pledge tax cuts in response to the Budget amid fears he will be upstaged by Gordon Brown.

Business relieved its voice heard at last

UK needs to compete with other tax regimes

Tax cut may help keep business in UK

Eleven out of 20 countries cut tax burden

UK tax credits

Lex: ‘2p cut in income tax’ is inaccurate

Brown gives and takes on road to No 10

Cuts in income and corporation tax

Related content and features

Martin Wolf

Virtues and vices of Mr Brown

Chancellor Gordon Brown’s eleventh and final Budget contained apparently bold initiatives but on closer inspection it was sleight of hand to please Labour backbenchers but of modest economic benefit.

Philip Stephens

A Budget worthy of the Kremlin

On Tuesday the chancellor woke up to headlines about his “Stalinist ruthlessness”. His response? To bow out from the Treasury with a Budget, well, almost Soviet in its style, reach and sheer relentlessness.

Analysis

Treasury ponders waning powers

HM Treasry

The UK chancellor has invigorated his department, but some see its dominance as unhealthy and warn it could be heading for a fall.

Chris Giles

Bright picture at odds with reality

Chancellor’s actions show he is in a deep tunnel with no certainty he will emerge in time to end the fiscal squeeze before the next election.

KPMG Calculator

Win or Lose?

Find out what the 2007 Budget means for you and your family. Enter your details in the KPMG calculator and discover what to expect for the financial year.

Matthew Engel

Macavity’s coup

The chancellor’s tax ace left Cameron palpably winded and may help the poll standing of a Brown premiership – currently dead-heating with a flu epidemic.

MORE STORIES

Budget speech: At-a-glance summary

City and services are big winners

Bright picture at odds with reality

Tax bands turn out to be elastic

Brown backs Tories into corner

Juicy dish goes as voters reach for knife and fork

Asset sales and administrative cuts at the ready

Education to receive 2.7% increase

Boost for London as Islamic finance capital

Giving with one hand, taking with the other

FTSE rises on optimism over tax cuts

Drivers of ‘gas guzzling’ vehicles face tax increase

Carbon credit trading given a boost

Sunnier outlook for holiday home taxpayers

R&D tax credit increase welcomed

Industry views raised limit as too small

More options for property investors

Budget hints at planning tax

Treasury slashes capital allowances

Crack down on empty property