11/11/2009
Pre-Budget Due Next Month
Public spending is predicted to dominate next month's pre-Budget report, which will be presented by the Chancellor on Wednesday 9 December.
It will be Allister Darling's last pre-Budget report before next year's General Election, which must take place before June.
Mr Darling is expected to outline plans to halve public debt in four years, having already conceded government costs will be trimmed.
All parties in Westminster back spending cuts, with the Tories insisting expenditure should be reduced immediately.
The Chancellor will be expected to provide reasoning why the UK is still technically in recession, despite prior growth forecasts.
Mr Darling has already said growth could happen at the "turn of the year".
Bank of England Governor Mervyn King today suggested recovery had "only just started".
Tories have accused the government of having no credible plan to lift the country out of the deepest recession in almost 60 years.
Labour said the effect of the downturn would have been worst under the Conservatives, who criticised the VAT cut and other economic recovery measures.
Freeing up affordable bank credit to small businesses is key to recovery, the Lib Dems have continued to insist.
(PR/KMcA)
It will be Allister Darling's last pre-Budget report before next year's General Election, which must take place before June.
Mr Darling is expected to outline plans to halve public debt in four years, having already conceded government costs will be trimmed.
All parties in Westminster back spending cuts, with the Tories insisting expenditure should be reduced immediately.
The Chancellor will be expected to provide reasoning why the UK is still technically in recession, despite prior growth forecasts.
Mr Darling has already said growth could happen at the "turn of the year".
Bank of England Governor Mervyn King today suggested recovery had "only just started".
Tories have accused the government of having no credible plan to lift the country out of the deepest recession in almost 60 years.
Labour said the effect of the downturn would have been worst under the Conservatives, who criticised the VAT cut and other economic recovery measures.
Freeing up affordable bank credit to small businesses is key to recovery, the Lib Dems have continued to insist.
(PR/KMcA)
Related UK National News Stories
Click here for the latest headlines.
11 February 2010
More Support For Wounded Soldiers
Sick and injured UK soldiers will be given enhanced support to help them return to duty or civilian life, under new plans announced by the Ministry of Defence today. The Army Recovery Capability (ARC) will take soldiers from the point of injury or illness through to their return to duty or into a successful and supported civilian life.
More Support For Wounded Soldiers
Sick and injured UK soldiers will be given enhanced support to help them return to duty or civilian life, under new plans announced by the Ministry of Defence today. The Army Recovery Capability (ARC) will take soldiers from the point of injury or illness through to their return to duty or into a successful and supported civilian life.
15 May 2003
Transport system improving says report
The Department for Transport's annual report, published today, sets out progress made over the past year to improve the country's transport system. The Department for Transport was set up in May 2002, to provide a sharper focus on transport issues.
Transport system improving says report
The Department for Transport's annual report, published today, sets out progress made over the past year to improve the country's transport system. The Department for Transport was set up in May 2002, to provide a sharper focus on transport issues.
08 August 2012
Bank Of England Cuts Growth Forecast
As the double-dip recession intensifies the Bank of England’s growth forecast has been cut to almost zero, falling from 0.8% predicted in May. The quarterly inflation report indicated no growth for 2012, compared with 2% predicted a year ago.
Bank Of England Cuts Growth Forecast
As the double-dip recession intensifies the Bank of England’s growth forecast has been cut to almost zero, falling from 0.8% predicted in May. The quarterly inflation report indicated no growth for 2012, compared with 2% predicted a year ago.
19 May 2003
BA in black after last year's £200m losses
Results posted today have revealed that British Airways has turned around its £200 million loss last year to show huge plus figures following a rationalisation programme. BA recorded a pre-tax profit of £135 million for the full year to March 31 2003, with operating profit topping £295 million – including an £84 million write down on Concorde.
BA in black after last year's £200m losses
Results posted today have revealed that British Airways has turned around its £200 million loss last year to show huge plus figures following a rationalisation programme. BA recorded a pre-tax profit of £135 million for the full year to March 31 2003, with operating profit topping £295 million – including an £84 million write down on Concorde.
07 October 2005
Sainsbury’s announce sales boost
Supermarket chain Sainsbury’s has announced an increase in sales in its quarterly figures. The firm, which is the third biggest supermarket chain in the UK behind Tesco and Asda, announced that sales had risen by 2.8% during the past 16 weeks, excluding petrol sales. The group also reported that same-store sales also rose by 4.
Sainsbury’s announce sales boost
Supermarket chain Sainsbury’s has announced an increase in sales in its quarterly figures. The firm, which is the third biggest supermarket chain in the UK behind Tesco and Asda, announced that sales had risen by 2.8% during the past 16 weeks, excluding petrol sales. The group also reported that same-store sales also rose by 4.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.