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Key Budget measures include
Maintaining economic stability
Productivity and enterprise in a flexible economy

Employment opportunity for all
Building a fairer society
High quality public services
Protecting the environment

Household income
Where taxpayers' money is spent
Further information
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• Compared with last year, a single earner family on median earnings of £21,400 and with two children will be, overall, nearly £260 a year better off as a result of new tax credits, even after paying more towards the NHS as a result of the 1 per cent rise in national insurance contributions announced last year and paid from this month.


• As a result of all tax and benefit reforms since 1997, from April 2003, families with children are, on average, £1,200 a year better off, while those in the poorest fifth of the population are, on average, £2,500 a year better off in real terms. A single earner family on average earnings of £28,600 and with two children is £275 a year better off in real terms.

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