Budget 2010 statement

24 March 2010

Chancellor of the Exchequer, Alistair Darling, delivered his third Budget statement to the House of Commons

Every year the Chancellor of the Exchequer makes a major speech to the House of Commons on the state of the national finances and the Government's proposals for changes to taxation. This statement is known as the Budget.

The Budget speech usually includes:

  • a review of how the UK economy is performing
  • forecasts of how the UK economy will perform in the future
  • details of any changes to taxation.

The Chancellor's statement is followed by several days' debate.

Image: PA

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