BRITISH FINANCES
ENCOURAGING STATEMENT. LONDON, Sept. 30. The most encouraging statement presented in Britain for a considerable time is the Treasury’s announcement that expenditure in the six months ended September 30 totalled £324,000,000, a decrease of £48,000,000 compared with the same period of last year, and revenue amounted to £275,000,000, an increase of £7,000,000. The that the deficit of £49,000,000 compares with £104,000,000 at September 30 last year and £118,000,000 at September 30, 1931. Also it is considerably below the previous three years. It is anticipated that a substantial reduction in taxation will be possible.
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Waikato Times, Volume 114, Issue 19065, 2 October 1933, Page 8
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95BRITISH FINANCES Waikato Times, Volume 114, Issue 19065, 2 October 1933, Page 8
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