A Peek in Gordon's Red Box ; What Is the Chancellor Likely to Have in Store for Us in Wednesday's Budget? Jane Hall Takes a Look at the Possible Impact On Pensions, Inheritance Tax and Personal Allowances

Summary


Gordon Brown will deliver his tenth Budget on Wednesday.

The Chancellor widely tipped to take residence at No 10 when Tony Blair steps down - will finally open his red box of tricks at 12.30pm and over the course of 40 minutes reveal to the nation his latest economic forecasts.

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Extract


A Peek in Gordon's Red Box ; What Is the Chancellor Likely to Have in Store for Us in Wednesday's Budget? Jane Hall Takes a Look at the Possible Impact On Pensions, Inheritance Tax and Personal Allowances

It could make for uneasy listening. His pre-Budget report in December warned that Britain was facing a tough year ahead - with his previous growth forecast slashed from 3.5 per cent to just 1.75 per cent.

Tax rises could be on the cards although a last-minute rush of corporation and income tax payments have brought a big windfall for the Treasury.

And Stephen Herring, ta...

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