Geoffrey Howe’s first Budget

Title

Geoffrey Howe’s first Budget

Genre

News report; Speech; Parliamentary debate

TX Date

13 Jun 1979

Year of production

1979

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Duration

00:06:42

Description

Coverage of Chancellor Geoffrey Howe’s first Budget. With cuts of his speech announcing an increase in VAT to 15 per cent, and reduction in income tax, at 60 per cent for the top rate and 30 per cent for the basic rate. Response in Commons from leader of the opposition and former Prime Minister, James Callaghan. Male reporter not identified (poss. Peter Murphy).

Contributors

James Callaghan; Geoffrey Howe; Peter Murphy?

Keywords

Budgets; Government; Taxation; Economics; Conservative Party; Geoffrey Howe; National budgets; Income tax; Value Added Tax

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