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 2006.
Bingo fans will also be delighted to know that tax is also being abolished.
Spending plans of all government departments will be set later this year so they are secured until 2006.
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress