March 2015 United Kingdom Budget
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The 2015 United Kingdom budget was delivered by
George Osborne George Gideon Oliver Osborne (born Gideon Oliver Osborne; 23 May 1971) is a former British politician and newspaper editor who served as Chancellor of the Exchequer from 2010 to 2016 and as First Secretary of State from 2015 to 2016 in the ...
, the
Chancellor of the Exchequer The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is ...
, to the
House of Commons The House of Commons is the name for the elected lower house of the bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of parliament. ...
on Wednesday, 18 March 2015. It was the sixth and final budget of the Conservative–Liberal Democrat coalition government formed after the 2010 general election, and also the sixth to be delivered by Osborne. After the UK general election a second 2015 budget to be presented by Chancellor George Osborne was announced for 8 July 2015.


Taxes


Spending


Supply-side reform

Supply-side Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit fr ...
measures included
digital infrastructure A data infrastructure is a digital infrastructure promoting data sharing and consumption. Similarly to other infrastructures, it is a structure needed for the operation of a society as well as the services and facilities necessary for an economy t ...
investment, transport, energy and environment and the
sharing economy In capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of companies hiring employees to produce ...
.H M Treasury
Budget 2015
published 18 March 2015, accessed 21 August 2022, pp. 94-100


References


External links


2015 United Kingdom budget
at Gov.uk
2015 United Kingdom Budget
at the Guardian {{United Kingdom budget
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
Budget A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
2015 03 March 2015 events in the United Kingdom George Osborne