Title

Lamont announces 1991 budget

Genre

News report; Speech; Parliamentary debate

TX Date

Unknown

Year of production

1991

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Duration

00:03:49

Description

Des Fahy reports from Westminster on Chancellor Norman Lamont’s first budget including excerpts of his speech to Parliament on economic recession, inflation, house prices, mortgage relief, reducing poll tax (community charge) rate and increasing VAT. Labour Party leader Neil Kinnock gives his reaction to Parliament.

Contributors

Norman Lamont; Neil Kinnock; Des Fahy

Keywords

Budgets; Inflation; Fiscal policy; Interest rates; Economic recession; National budgets; Community charge; Economic growth; Local taxation; Value Added Tax; Mortgages (loans)

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