1981 United Kingdom budget

1981 (1981) United Kingdom budget
Presented10 March 1981
Parliament48th
PartyConservative Party
ChancellorGeoffrey Howe
‹ 1980
1982

The 1981 United Kingdom budget was delivered by Geoffrey Howe, the then Chancellor of the Exchequer, to the House of Commons on 10 March 1981. It was Geoffrey Howe's third budget and the second of the first Thatcher ministry.[1] The budget represented a strongly monetarist response to the stagflation and high government borrowing which the UK was suffering at the time. The budget speech lasted for 91 minutes.[2]

  1. ^ "Bygone budgets: March 1981". The Guardian. 3 March 1999. Retrieved 20 March 2013.
  2. ^ "Chancellor spares no one in struggle to beat inflation". The Glasgow Herald. 11 March 1981. Retrieved 20 March 2013.

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