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1972 United Kingdom budget information


1972 (1972) United Kingdom budget
Presented21 March 1972
Parliament45th
PartyConservative Party
ChancellorAnthony Barber
‹ 1971
1973›

The 1972 United Kingdom budget (also known as the dash for growth budget[1]) was a budget delivered by Anthony Barber, the Chancellor of the Exchequer, on 21 March 1972. The budget is remembered for its large tax cuts, and led to high inflation and demands for higher wages, as well as the 1976 sterling crisis when the UK government was forced to ask the International Monetary Fund for financial help. It also led the Conservative Party to abandon "Post-war consensus" policies.

  1. ^ "BUDGET BRIEFING | Budget blunders". BBC News. 9 March 1999. Retrieved 2 October 2022.

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