Full Budget speech
Key Budget measures
Key announcements in Budget 2003 include a new Child Trust Fund providing children born from September 2002 with an initial endowment at birth of £250, rising to £500 for the poorest families, to strengthen the saving habit of future generations.
Building a fairer society - Child Trust Funds
Buy a friend or loved one a subscription to the New Statesman this Christmas, or treat yourself to weekly issues of high-quality and independent journalism.
Our Christmas subscriptions come with a complementary gift bundle worth £92. Browse our New Statesman subscription options here.