- Title: UNITED KINGDOM: CHANCELLOR OF THE EXCHEQUER PRESENTS 1969 BUDGET.
- Date: 15th April 1969
- Summary: MR. JENKINS LEAVING TREASURY FOR PARLIAMENT: MR. JENKINS SPEAKING (SOF) TRANSCRIPT: JENKINS: "1968 WAS BY NO MEANS A WHOLLY SATISFACTORY YEAR, BUT THE IMPROVEMENT IN OUR BALANCE OF PAYMENTS BETWEEN THE FIRST PART AND THE SECOND HALF OF THE YEAR WAS BIGGER THAN BETWEEN ANY TWO HALF YEARS IN THE PAST DECADE. I'M NOT TRYING TO PRETEND TO YOU THAT EVERYTHING W
- Embargoed: 30th April 1969 13:00
- Keywords:
- Location: LONDON, U.K.
- Reuters ID: LVAEAFRI6U6N0ILV8BEPP75MMWN0
- Story Text: BRITAIN'S CHANCELLOR OF THE EXCHEQUER, ROY JENKINS, TODAY (TUESDAY) PRESENTED HIS BUDGET FOR 1969. MAINLY ATTACKING CONSUMER SPENDING, THE CHANCELLOR BROUGHT IN A BUDGET TOUGH ON GENERAL SPENDING, BUT DESIGNED TO BASICALLY NOT AFFECT THE STANDARD OF LIVING OF THE AVERAGE BRITON.
IN A SPEECH TO PARLIAMENT WHICH LASTED 2 HOURS, THE CHANCELLOR ATTACKED "IRRESPONSIBLE INDUSTRIAL ACTION" FOR DAMAGING BRITAIN'S COMPETITIVE POSITION ON THE WORLD MARKET -- BUT ADMITTED THAT HE WAS ABLE TO REPORT THAT BRITAIN HAD ACHIEVED SOME PROGRESS IN THE STRUCTURE OF HER ECONOMY AND THEREFORE HIS BUDGET WOULD NOT BE SO STRINGENT AS LAST YEAR. HE WAS ALSO HIGHLY CRITICAL OF THE EFFECT OF HIGH CONSUMER SPENDING ON THE STATE OF ECONOMY:
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