White Paper

…February or March in a White Paper. The U.K. budget, usually presented in March, is mainly concerned with taxation and is represented in a separate volume entitled Financial Statement and Budget Report. This gives a general outline of budgetary strategy, details of proposed tax changes, and estimates of likely revenues,…

…British government stated in its White Paper on Employment Policy that “the government accept as one of their primary aims and responsibilities the maintenance of a high and stable level of employment after the war.” One of the most influential British economists at this time was Sir William Beveridge, whose…