COMING BRITISH BUDGET
London. March 231 Preparation of the Budget la now in full swing, 'i'he "Dispatch" believes that the Chancellor of the Exchequer, Kr, Neville Chamberlain, must arrange extra expenditure for the next twelve months of at least £35,000,000, and accordingly he will only be able to Implement pledges to restore the remaining 1931 salary cuts, and make Income tax allowances which will abaorb £11,000,000. The Chancellor will not give further relief In any direction, but will announce a public works policy accompanied by fresh Government borrowing while money is cheap. Mr. Chamberlain expects an increase in revenue owing to bigger Industrial profits and better returns from customs, excise, stamps and petrol.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19350326.2.45
Bibliographic details
Evening Post, Volume CXIX, Issue 72, 26 March 1935, Page 7
Word Count
113COMING BRITISH BUDGET Evening Post, Volume CXIX, Issue 72, 26 March 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in