HM Treasury


New Ambitions for Britain - Budget 1998

The Financial Statement and Budget Report contains the Government's assessment of the medium-term economic and budgetary position. It sets out the Government's tax and spending plans, including those for public investment, in the context of its overall approach to social, economic and environmental objectives. After approval by Parliament for the purposes of Section 5 of the European Communities (Amendment) Act 1993, this report will form the basis of submissions to the European Commission under Articles 103 and 104c of the Treaty establishing the European Unity.

Internal links

Associated Documents (pdf format)

Legislation for the 1998 Budget

The Finance (No.2) Bill

Related links

Economic and Fiscal Strategy Report 1998