Budget Statement 2004: A Summary of the Small Business Announcements

Introduction

On 17 March 2004 the Chancellor of the Exchequer gave his Budget statement, which showed that:

• the UK economy is now enjoying its longest sustained expansion on record;
• economic growth last year was in line with the Budget 2003 forecast, and is projected to strengthen further in 2004 and 2005; and
• the government is on track to meet its strict fiscal rules for the public finances.

The full Budget Statement and Report can be found at Budget 2004.

This document is based on Crown Copyright © 2004