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July 2015 United Kingdom budget

2015 July (2015 July) United Kingdom budget
Royal Coat of Arms of the United Kingdom (HM Government).svg
Presented Wednesday 8 July 2015
Parliament 56th
Party Conservative Party
Chancellor George Osborne
Total revenue £672 billion
Total expenditures £743 billion
Deficit £69 billion (3.6% of GDP)
Website July 2015 Budget documents
2016

The 2015 United Kingdom summer budget was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on Wednesday, 8 July 2015.

This was the first fully Conservative budget since that presented by Kenneth Clarke in 1996.

The background to the budget was that of significant economic growth at 3%.

The budget proposes spending of £742 billion and an income of £673 billion in 2015-16; a deficit of £69 billion (almost 10% of UK public spending).

The budget passed with a majority of 30 votes (320 votes for, 290 against with 36 abstentions).

All Conservative MPs voted for the budget (with 9 abstentions). The Labour party voted against the bill with 19 MPs abstaining.


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