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Labour steps up attack on Tory savings plans

By arifinez on  From indofeed.com
Posted by news 9 hours ago (http://www.guardian.co.uk) View profile Category: News Chancellor Alistair Darling warns of threat to economy by cutting spending during fragile recovery• Andrew Sparrow's election liveblogLabour and the trade unions today piled pressure on the Conservatives over their plans to impose £12bn of government efficiency savings this year.They attacked the proposals amid reports that they could cost up to 40,000...Read Full Story

UK Budget 2010: The Main Points OF Alistair Darling’s 2010 Budget

By carriesteins on  From uktodaynews.com
UK Today News: UK Budget 2010 UK Chancellor Alistair Darling has announced the UK budget ahead of the general election and has warned voters with a budget that can help the people and in turn, help the Labour to survive. So what are the main points and changes discussed in the UK budget 2010? For starters, Darling cut stamp duty for first-time home buyers – while also revealing several tax increases for the well-off people. However, Tory leader David Cameron has alleged that Mr Darling...Read Full Story

Labour unveils key election campaign pledges

By arifinez on  From indofeed.com
Posted by news 42 minutes ago (http://www.guardian.co.uk) View profile Category: News Exclusive: Gordon Brown backs Alistair Darling to stay as chancellor after election as he sets out Labour's election promiseGordon Brown tomorrow unveils Labour's key election pledges, promising that a re-elected Labour government, which would retain Alistair Darling as chancellor, would help create a million skilled jobs, a state-funded citizens...Read Full Story

UK hung parliament risk up

 From reuters.com
LONDON (Reuters) - An outright win for Britain's opposition Conservatives would suit financial markets best in an upcoming election, but economists polled by Reuters ranked the party's likely choice for finance minister poorly against peers.The poll of 31 economists taken this week showed an increasing number predicting a hung parliament in the poll on May 6 and warning this was the worst result for markets.The poll results derive from extra questions put to Reuters' regular panel of...Read Full Story

Pre-election budget takes aim at the rich

 From afp.com
Chancellor Alistair Darling has vowed to hike taxes on the rich to help the poor hit by the global downturn, and to cut borrowing targets in a budget unveiled weeks before a knife-edge election.Unveiling his last budget ahead of a general election expected on May 6, Darling warned growth would be weaker than expected in 2011 as Britain recovers from a record recession.Opinion polls suggest that the election will be a tight contest between the ruling Labour Party and the main opposition...Read Full Story

Budget slashes debt, growth forecasts

 From afp.com
Chancellor of the Exchequer Alistair Darling cut his borrowing and growth forecasts on Wednesday in a pre-election budget that he said would help secure the nation's recovery from a record recession.Darling also announced a 2.5-billion-pound growth package to help strengthen recovery, as the Labour government was fighting to stay in power at a general election expected on May 6."This will be a budget to secure the recovery, tackle borrowing and invest in Britain's industrial future," said...Read Full Story

Gov't budget takes from the rich to give to the poor

 From afp.com
Chancellor Alistair Darling vowed to hike taxes on the rich to help the poor hit by the global downturn, and to cut borrowing targets in a budget unveiled weeks before a knife-edge election.Darling on Wednesday warned that growth would be weaker than expected in 2011 as the country recovered from a record recession, as he unveiled the last budget before the general election, which is expected on May 6.Opinion polls suggest that the election will be a tight contest between Labour and the...Read Full Story

BUDGET 2010: London and South East to bear brunt of 5% stamp duty band

By Property Prices UK on  From blog.zoopla.co.uk
£12,000,000 – 6 bedroom terraced house for sale Chester Square, London In today’s budget, Chancellor Alistair Darling raised the stamp duty threshold to £250,000 for first time buyers for this year and the next, which was widely predicted / leaked, but what was less predictable was that this ‘election giveaway’ will be funded by an increase from 4% to 5% on properties worth more that £1m. Taxing the rich makes a good headline, but it won’t raise much money for the government’s fiscal black...Read Full Story

Govt to target debt in pre-election budget

 From afp.com
The government will announce its annual budget on Wednesday as it looks to cut public debt in a bid to woo voters and soothe investors before an election expected in May.Chancellor of the Exchequer Alistair Darling will deliver his third and probably last budget before parliament at 12:30pm (GMT), as polls show that the main opposition Conservatives are likely to beat Labour in the looming vote.However, most pundits do not expect Darling to spell out exactly where the axe will fall on...Read Full Story

UK games industry tax breaks promised

By Abraham on  From new-entertainment.net
Share this on del.icio.us Digg this! Share this on Reddit Buzz up! Stumble upon something good? Share it on StumbleUpon Share this on Technorati Share this on Facebook Tweet This! “We need to keep British talent in this country,” says Chancellor; proposed fiscal relief will “will completely transform the UK games industry,” says Tiga. A tax credit for the UK games industry was announced in today’s UK budget. Chancellor Alistair Darling aims to keep game development talent...Read Full Story
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