Receipts forecasts, £ billion during the Labour 1997–2001 government
Year ending March 1997 → Year ending March 2001 · 4 periods
↑ 35.8%+£107.1bn £ billion
Receipts forecasts, £ billion rose by 35.8% over the period, from £299.3bn £ billion (Year ending March 1997, the level when the government took office) to £406.4bn (Year ending March 2001, the last complete period before it left office).
Inherited level Year ending March 1997: £299.3bn
Level when it left Year ending March 2001: £406.4bn
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value
Definition and caveats
Public sector current receipts in cash terms: the outturn as the OBR last knew it, with every official forecast for the same year.
Doesn’t measure: Any single tax, or receipts as a share of GDP.