SECOND READING
BRITAIN'S CRISIS BUDGET Rec. 9 P.m. LONDON, Nov. 26 The Finance Bill giving effect to Mr Hugh Dalton’s crisis Budget was read a second time without division. Sir Stafford Cripps promised to reconsider the advertising tax but refused to recast the profits tax. He added that if it appeared that the belting tax (on dog totalisators and football pools) ought to be extended to bookmakers, the Government would see what it could do. During the second reading of the Bill, Mr W. G. Hall, Financial Secretary to the Treasury, claimed that inflation in Britain had been checked and that the interim Budget further minimised the risk. The Government estimated that the revenue surplus this year would be £306,000.000. It might be more, because the surplus of £258,000,000 estimated in last April' ll Budget had already accrued.
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https://paperspast.natlib.govt.nz/newspapers/ODT19471127.2.69.2
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Otago Daily Times, Issue 26629, 27 November 1947, Page 5
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138SECOND READING Otago Daily Times, Issue 26629, 27 November 1947, Page 5
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