 Facts and figures about UK taxes, benefits and public spending.
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Type: Journal Articles Authors: Melvyn Westlake ISSN: Print: 0143-5671 Online: 1475-5890
Published in: Fiscal Studies, Vol. 1, No. 1, November 1979
Volume, issue, pages: Vol. 1, No. 1, pp. 51-59
There is now a compelling case for reforming British budgetary practice. Indeed, it may be said that Britain does not have a budget at all, in the sense that the term would be understood by families, or companies or some foreign governments. In ordinary usage, a budget constitutes the planning of expenditure in direct relation to the expected level of income and the capacity to match any deficit by borrowing. Search |
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