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HM Treasury contactsThis document can be downloaded fromwww.gov.ukIf you require this information in an alternativeformat or have general enquiries aboutHM Treasury and its work, contact:Correspondence TeamHM Treasury1 Horse Guards RoadLondonSW1A 2HQTel: 020 7270 5000Email: public.enquiries@hmtreasury.gsi.gov.ukISBN 978-1-4741-1615-29 781474 116152
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BUDGET 2015HC 1093March 2015
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© Crown copyright 2015This publica
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Executive SummaryWhen this Parliame
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Public sector net debt is forecast
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Chapter 2 sets out all measures ann
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Budget Report
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monetary policy and measures to sup
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Chart 1.2: International comparison
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developed countries. 19 The recent
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1.27 The UK economy faces a number
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1.39 Inflation fell markedly to 0.5
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Financial sector and other asset sa
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Fiscal forecast1.57 As set out in T
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Chart 1.6: Consolidation in the cyc
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shocks to the economy, even though
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and focus their budgets on providin
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of options to integrate spending ar
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Devolution1.95 The government conti
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Growth1.103 The UK economy had the
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Supporting business through the tax
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a 21 st century economy. The terms
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1.124 The broadband connection vouc
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country to get onto the property la
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network of high quality rail connec
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to support tourism in the North Eas
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South East1.174 Housing: Housing re
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1.185 The government will also prov
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Infrastructure Investment Bank (AII
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Fairness1.205 The government’s lo
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National Minimum Wage1.213 As annou
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1.225 The government will allow ISA
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1.235 Young people can develop ment
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estrict travel and subsistence reli
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Table 2.1: Budget 2015 policy decis
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Table 2.2: Measures announced at Au
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Public SpendingTotal Managed Expend
Page 74 and 75: Table 2.5: Departmental Expenditure
Page 76 and 77: 2.19 Integrating services for peopl
Page 78 and 79: Midlands2.40 High Speed Rail Invest
Page 80 and 81: International development2.63 Antim
Page 82 and 83: 2.78 Social investment - The govern
Page 84 and 85: new rules to target avoidance throu
Page 86 and 87: ••RAF Biggin Hill Chapel Memori
Page 88 and 89: materials incorporated in products
Page 90 and 91: 2.147 Tobacco Duty rates - As annou
Page 92 and 93: Environment and energy taxes2.170 A
Page 94 and 95: 2.191 Simplified expenses: legislat
Page 96 and 97: ••strengthen the descriptions o
Page 98 and 99: 2.226 Smart ATMs - The government w
Page 100 and 101: 2.242 Promoting the use of task-sha
Page 102 and 103: 2.264 Science grand challenge fundi
Page 104 and 105: 2.286 Northern powerhouse trade mis
Page 106 and 107: 102 Budget 2015
Page 108 and 109: Gilt issuance by maturity, type and
Page 110 and 111: Illustrative future gross financing
Page 112 and 113: Table C.1: Detailed summary of OBR
Page 114 and 115: Table C.3: Current Receipts: OBR fo
Page 116 and 117: Table C.5: OBR forecast of the head
Page 118 and 119: Table C.8: Changes to the OBR’s f
Page 120 and 121: EISEPSRCEREUFBCFCAFCERMFCOFITsFLSFP
Page 122 and 123: LIST OF TABLESExecutive Summary1 Su
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