Budgeting for a deficit
The Budget 2008 was quite an under-stated affair, but was the first delivered by Alistair Darling as Chancellor. As ever, many of the changes had been announced well in advance, reducing the element of surprise. But the Budget remains an important event. Note that the Budget websites can also be useful reference sources for economic policy changes.
Budget 2008 Guardian Budget Special
Interactive: Budget 2008 Guardian (11/03/08)
What to tell us on Budget day: where our money is going and how it can be stopped Guardian (10/03/08)
Budget 2008 BBC News Online Budget Special
Videos and podcasts
Old Mother Hubbard Guardian (13/03/08)
Budget speech in full (Video) BBC News Online (12/03/08)
For details of the Budget measures, you may want to look at:
Budget 2008 HM Treasury Budget pages HM Treasury Budget microsite HM Treasury (March 08)
Questions
| 1. | What are the key changes in the Budget? What effects are they likely to have on the economy? |
| 2. | Assess the extent to which this Budget can be considered a ‘Green Budget’. |
| 3. | How has the Budget changed the overall fiscal position of the government? |
| 4. | Discuss the likely impact of the Budget on small and large businesses. |