Gordon Brown has announced in this year's April Budget that it will mainly deal with enterprise, fam...
Gordon Brown has announced in this year's April Budget that it will mainly deal with enterprise, families and the NHS Brown also announced UK economic growth grew by2.2% in 2001, with predictions of growth for 2002 of 2% - 2.5%, then 3-3.5% in 2003 and 2.5-3% by 2004. National debt interest cost the UK economy £22bn in 2001, which was 30.4% of national income and is also expected to drop to £21bn in 2002, says Brown. The UK budget had a surplus of £10bn in 2001, while those levels will be reset over the next five years to £3bn in 2002, then £7bn, £9bn in 2004, £7bn and £9bn in 2...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes