As we get ever closer to Rachel Reeves’ first Budget as Chancellor, one often-mentioned adage is that a Chancellor’s first Budget defines their tenure in office and sets the tone for what kind of policy they will preside over. But how true is that? We’ll look through post-war UK fiscal history to find out.
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- 16
- Project
- UK Budget Analysis
- Published in
- United Kingdom
Table of Contents
- UK Budget Preview 3 First Budgets of post-war Chancellors 1
- Hugh Dalton 1945 88 days after taking office 1
- Sir Stafford Cripps 1948 145 days after taking office 2
- Hugh Gaitskell 1951 173 days after taking office 2
- Rab Butler 1952 137 days after taking office 2
- Harold Macmillan 1956 119 days after taking office 3
- Peter Thorneycroft 1957 86 days after taking office 4
- The future can be discerned only in partand then uncertainlyby statistical analysis. 4
- Derick Heathcoat-Amory 1958 99 days after taking office 4
- Selwyn Lloyd 1961 264 days after taking office 5
- Reginald Maudling 1963 261 days after taking office 6
- Good luck old cock.... Sorry to leave it in such a mess. 6
- James Callaghan 1964 25 days after taking office 6
- Roy Jenkins 1968 111 days after taking office 7
- Anthony Barber 1971 248 days after taking office 7
- Denis Healey 1974 21 days after taking office 8
- Geoffrey Howe 1979 39 days after taking office 9
- Nigel Lawson 1984 276 days after taking office 9
- John Major 1990 145 days after taking office 10
- Norman Lamont 1991 111 days after taking office 10
- Kenneth Clarke 1993 187 days after taking office 10
- Gordon Brown 1997 61 days after taking office 11
- Alistair Darling 2008 258 days after taking office 12
- George Osborne 2010 42 days after taking office 12
- Philip Hammond 2016 133 days after taking office 13
- Rishi Sunak 2020 27 days after taking office 14
- Kwasi Kwarteng 2022 17 days after taking office 14
- Jeremy Hunt 2022 34 days after taking office 15
- Rachel Reeves 2024 117 days after taking office 15
