Budget 2009
Budget hits high earners hardest
Chancellor Alistair Darling has targeted high earners with a new 50p top rate of tax in an attempt to rebuild Britain's battered public finances as he revealed that borrowing this year will soar to a record £175 billion.What was announced
Latest headlines
Budget hits high earners hardest
Chancellor Alistair Darling has targeted high earners with a new 50p top rate of tax in an attempt to rebuild Britain's battered public finances as he revealed that borrowing this year will soar to a record £175 billion.
Government warned over tax hike
The Government was warned it could face a mass exodus of high earners after it tore up a manifesto commitment to introduce a new top rate of income tax.
£50bn mortgage lending boost hailed
The Government has announced that it is providing £50 billion to help boost mortgage lending.
Economy forecast 'wishful thinking'
Chancellor Alistair Darling's hopes for a speedy economic recovery to offset a record borrowing binge were branded "wishful thinking" by critics.
£3.1bn package to aid jobseekers
The Government has unveiled a £3.1 billion package of support for jobseekers after new figures showed unemployment has soared to its highest level since Labour came to power in 1997.
Boost for science role in recovery
Britain's position as a world leader in emerging technologies was bolstered by a £750 million Budget package aimed at industry.
Alcohol duty rise 'threatens jobs'
The pub industry has attacked the rise in alcohol duty of 2% above the rate of inflation, saying it "signs the death warrant" for thousands of pubs and jobs.
Top earners hit with 50p tax rate
Chancellor Alistair Darling's Budget hit top earners with a new 50p income tax rate and the withdrawal of personal allowances.
Darling's 'less pessimistic' Budget
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