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PRE-BUDGET REPORT
Pre-Budget Report: At a glance
A summary of the key points from the Chancellor's statement
UK on the road to recovery, says Darling
Chancellor Alistair Darling today warned there was “still uncertainty” for the UK economy but predicted a return to growth by “the turn of the year”.
It's worse than we thought, admits Darling
The UK economy plunged into a deeper recession than predicted this year, Chancellor Alistair Darling admitted today.
Bid to boost youth unemployment
The Chancellor today unveiled a package of measures to boost employment, including help for young people looking for a job.
National insurance rates raised again
Workers will hand over an extra 1% of their pay to the Government from April 2011 after the Chancellor announced a further rise to National Insurance contributions today.
Boiler scrappage scheme unveiled
A new boiler “scrappage” scheme to help 125,000 households replace their old boilers with new, more efficient models was among a series of green measures in the Pre-Budget Report today.
Darling offers tax relief boost for electric cars
Encouragement for firms to build up fleets of electric cars was given today by Chancellor Alistair Darling.
REACTION TO THE PRE-BUDGET REPORT
Labour has lost moral authority, says Osborne
Labour have lost their “moral authority to govern” by putting electioneering ahead of fixing the economy, shadow chancellor George Osborne said today.
Chancellor angers unions over public sector pay cap
The Chancellor angered unions today by announcing plans to cap public sector pay rises to 1% for two years from 2011.
Bill Gleeson: Bank bonus windfall tax must not kill the goose that laid the golden egg
While it was heavily trailed that big bank bonuses would be hit with a windfall tax in today’s Pre-Budget Report, the move will, nevertheless, disappoint many in business.
Tony McDonough: Chancellor squanders opportunity to repeal 'stupid' empty property legislation
"A stupid piece of legislation," was how Liverpool commercial property agent Chris Hennessey described the abolition of rates relief on empty commercial properties, which came into force in April last year.
Local reaction to the Pre-Budget Report
"Despite the Chancellor's protestations, changing the tax on bonuses to banking staff will be seen as a windfall tax on banking profits."
Reaction from industry
"The Chancellor has made a serious mistake" says CBI
