5 Fun Facts About The Budget Throughout History

The Budget is a hugely important date in the calendar but that doesn’t mean it’s all about tax and finance. Like many other important dates in the parliamentary calendar, the Budget is riddled with quirky traditions and has an interesting history.

5 Fun Facts About The Budget Throughout History

  1. The Chancellor is allowed to drink alcohol during the Budget speech – but current Chancellor of the Exchequer George Osborne has previously stuck to mineral water.
  2. William Gladstone (drink of choice: sherry and beaten egg) has delivered more Budget speeches than any other Chancellor, delivering 12 Budget speeches during his career as Chancellor of the Exchequer.
  3. William Gladstone holds the record for the longest Budget speech. His Budget speech in 1853 lasted four hours and 45 minutes.
  4. The award for shortest Budget speech goes to Benjamin Disraeli (drink of choice: brandy and water). His Budget speech in 1867 lasted 45 minutes.
  5. The famous original red Budget Box was in use for over 100 years. It was lined with black satin and covered with scarlet leather.

Written by Paramount Properties.

Enjoy this article? Follow us on Twitter and say ‘ello.