Budget '97

Chancellor of the Exchequer Gordon Brown delivers his first Budget, and the first Labour Budget since 1979.

David Dimbleby introduces live coverage of the Chancellor's speech to the House of Commons, and reaction to it. Jeremy Vine assesses the effects of the Budget on families in the Midlands with the help of computer graphics, and Diana Madill will be in Chester to get some instant responses from members of the public. The programme also looks at how new measures are going down in the business and financial communities in Edinburgh.

The Budget statement is delayed from 1:00:40 to 1:16:38 because the government's confirmation it intended to meet its election pledges was implied to be a leak by the Conservative opposition.

Transmitted 2 July 1997.