The government is: The government’s long‑term economic plan has secured the recovery.The government’s fiscal responsibility has allowed monetary activism to support demand in the economy alongside repair of the financial sector.© Crown copyright 2015 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated.To view this licence, visit uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected] welfare bill is too high, and the welfare system traps too many people in benefit dependency.
It delivers on the promises on which the government was elected.
This Budget: The best way to create jobs and raise living standards over the long term is to support business and increase productivity by making it more competitive and by prioritising investment in skills and infrastructure.
This Budget sets out a plan to back business and support productivity by: The government believes that the only way to secure a truly national recovery is through a fundamental rebalancing of the British economy based on investment across the regions, growth driven by the private sector, and further devolution to increase local decision making.
This has been supported by supply-side reform to deliver sustainable increases in standards of living. The UK was the fastest growing The government’s long-term economic plan has laid solid foundations for a stronger economy.
This Budget continues the work of repairing the public finances, addressing the long-standing weakness in productivity and rebalancing the economy.