Into the red

Article Abstract:

UK chancellor Gordon Brown has built up a record surplus in public finances, but he now faces a more difficult challenge in a weaker economy. Government spending is now rising at a fast rate, while revenue is under the forecast level, and the surplus could rapidly turn to deficit.

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Pushing the boat out

Article Abstract:

UK chancellor Gordon Brown has shed his usual caution by announcing plans for higher public spending, especially on the health service, which will mean higher taxes. Brown's figures are also based on optimistic forecasts for economic growth.

Finance, United Kingdom. National Health Service, Fiscal policy

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Mr Tax and Mr Spend

Article Abstract:

British public spending policy is examined in detail, with forecasts for public finances and fiscal policy. There is also an examination of the policies of the two main political parties, the Labor and Conservative parties.

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Subjects list: United Kingdom, Economic policy, Public finance, Government spending policy, Brown, Gordon (British chancellor)
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