BRITISH FINANCES
AN OPTIMISTIC BUDGET SURPLUS OF £18,39^,463 {Australian Press Aran.—United Servir* LONDON. March 31. Tho revemio for 1923-29 shows a surplus of £18,394.463. 'Die surplus compares with Mm estimate of £14,502.000. The revenue was £758.104,055, and thn expenditure £682,200,158. and sinking fund £57,509,434. Mr, Churchill is expected to be able to present an optimistic Budget, apart from the provision for the relief of rating, which will be most likely to rob the Loborites of their cry for a "free breakfast table." The surplus excess is clue partly to improvement in business, and partly to the heavy death roll of millionaires.
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 16914, 1 April 1929, Page 7
Word Count
101BRITISH FINANCES Poverty Bay Herald, Volume LV, Issue 16914, 1 April 1929, Page 7
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