Downing Street Says » Budget Cabinet/Budget

» Wednesday, March 21, 2007

Budget Cabinet/Budget

The Prime Minister’s Official Spokesman (PMOS) told journalists that the Chancellor had given a presentation to Cabinet today on his 11th Budget this morning. The Chancellor said that this would be a reforming Budget, which would show that with a platform of continued stability and growth, the Government could support families, pensioners and business, encourage work and savings, protect the environment, and increase investment in schools and other front line public services.

Asked if there had been a nostalgic feeling in the room, the PMOS said that there was a good feeling after the Chancellor had given his presentation.

Asked if anyone had raised concerns about the level of inflation, the PMOS replied that the Chancellor set out his views on inflation, but people should wait for the statement for further details.

Asked if anyone had mentioned Stalin, the PMOS replied: no, comrade.

Asked if there was any response to the Lyons Review, the PMOS said that again, it was better that people waited for the statement. The position of the Government was that there would be no revaluation in this Parliament.

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