Darling's Up Against It in Bid to Offer Support

Summary


Chancellor Alistair Darling faces the unenviable task in his second Budget of trying to offer the economy some muchneeded support, whilst reassuring the markets that the public finances will eventually return to health. He is unlikely to achieve either convincingly.

If Mr Darling thought that his first Budget last year was a difficult one, he cannot have imagined just how much worse the situation would be a year later.

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Extract


Darling's Up Against It in Bid to Offer Support

For a start, he will have to concede that the economy will now contract much more sharply this year ...

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