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Alistair Darling outside the Treasury yesterday. He told MPs his aim was 'to ensure the recovery and promote long-term growth'

Pre-Budget report: Pain postponed

The Chancellor's electioneering budget yesterday put off difficult questions about cutting debt. Will it work?

Inside Business News

EasyJet boss stands down in fall-out from Stelios row

Thursday, 10 December 2009

Andy Harrison is the third executive to quit after last year's battles with founder

Alistair Darling arrives with Gordon Brown for a cabinet meeting ahead of his pre-Budget report

Tax rich now – and the rest of us later

Thursday, 10 December 2009

National insurance rate up, 40p tax threshold frozen; Cap on pay rises for five million public-sector workers

Dubai exposure not material, says Standard Chartered

Thursday, 10 December 2009

Bank criticised for failure to reveal full detail of its lending in the region

VAT and duty: Cigarettes and alcohol hit by 'hidden' excise charge

Thursday, 10 December 2009

The cigarette and booze industries have been hit by a "hidden" excise charge this year, after the Government failed to cut the duty to make up for higher VAT.

Energy prices: £200m fuel poverty pledge survives the cuts

Thursday, 10 December 2009

Ministers bowed to campaigners and decided against making savage cuts to a fuel poverty programme.

Public finances: Darling's impossible battle to climb a mountain of debt

Thursday, 10 December 2009

Although Alistair Darling's projections for public borrowing are not quite as horrifying as some City economists had been predicting a few months ago, the Government's plans remain the largest peacetime programme of deficit financing in British history, and the most ambitious in the Western world. They also seem inadequate to the task of allaying market fears about the safety of the UK's international credit ratings.

Commuters walk across London Bridge on their way to work in the City yesterday. Leading bankers said Mr Darling's punitive tax on bonuses could drive financial institutions overseas

City steps up bonus tax fight

Thursday, 10 December 2009

Finance companies attack levy as an 'assault on the prudent and the profitable'

Econiomy: We're leaner, but not necessarily fitter

Thursday, 10 December 2009

This will be the worst peace-time year for the economy since 1921, according to the National Institute for Economic and Social Research. Even in 1931, at the height of the Great Depression, the British economy shrank by less than the 4.75 per cent Alistair Darling says the UK will have lost by New Year's Day 2010.

Youth unemployment: Help for young jobless

Thursday, 10 December 2009

Every unemployed youth under the age of 25 will be guaranteed a job, a work placement, or training after six months out of work, Alistair Darling promised. The previous guarantee was a place after 12 months' unemployment.

Business reaction: Tax rises are a threat to jobs, warns CBI

Thursday, 10 December 2009

Business leaders expressed disappointment with the pre-Budget report last night, chiding the Government for threatening jobs with new tax increases.

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Columnist Comments

hamish_mcrae

Hamish McRae: Sticking to fiscal rules

It will be future generations that will have to work to pay off these debts

matthew_norman

Matthew Norman: How about a supertax on Blair?

The ex-PM mirrors the bankers in seeming to be rewarded for poor judgement

andreas_whittam_smith

Andreas Whittam Smith: Separate 'good' and 'bad' bonuses to clean up City

The moral case for levying a special tax on bankers' bonuses is strong

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