Accessibility options

Budget 'will not include new cuts'

Date: 15/3/2010 00:19:02

Search: Darling budget cuts

Alistair Darling has made clear that next week's Budget will not spell out any new spending cuts.

The Chancellor said the package on March 24 would instead focus on measures to encourage economic growth.

He also delivered a bullish assessment of the prospects for UK plc - suggesting lower-than expected unemployment could give him more room for manoeuvre.

The comments will fuel criticism that the government is trying to dodge setting out exactly how they plan to halve the country's record £178 billion deficit over the next four years.

Interviewed on Sky News' Sunday Live programme, Mr Darling admitted that the Budget would be "critical" in deciding the result of the general election.

"Of course it is important because the economy and the decisions we take that will affect the next five, 10, 20 years are pretty critical to the big decision, the big choice the country will make whenever the election is called," he said. "Crucially we have got to plan now to ensure we get growth for the future because growth is what brings jobs, jobs is what will bring rising living standards."

Advertisement starts


Advertisement

Advertisement ends

Asked if he would give details of spending cuts, Mr Darling said: "I will carry on spelling out what we have done, and the progress that we are making both on supporting the economy and reducing our borrowing levels, the deficit levels, that is important.

"But I have always said that because of the uncertainty we have seen over the last 18 months it would have made no sense to have been doing a (comprehensive) spending review at that stage. We won't do one before the election, but of course one has got to be done this year because our current spending runs out at the end of March 2011."

Mr Darling refused to give a guarantee that there would be no tax rises beyond the previously-announced hikes in national insurance and for top earners - despite Treasury Chief Secretary Liam Byrne seeming to make such a commitment last week.

"No Chancellor is ever going to say they are never going to change the tax system over the next five to 10 years or whatever," he said.

2012 © Press Association

Advertisement starts



Advertisement ends

Advertisement starts


Advertisement

Advertisement ends

  • Harry hails Everest war veterans
    Harry hails Everest war veterans
    The charity Walking with the Wounded launched the ambitious project today to put five war-wounded men on the mountain's summit as Harry agreed to be the expedition's patron. The royal even clambered into an altitude chamber at an event staged in c
  • Ancient Egypt in Edinburgh
    Ancient Egypt in Edinburgh
    Henrietta Lidchi, keeper of world cultures at the museum, says people have allways been fascinated by mummies and visitors will be guided through rituals of death and the afterlife in ancient Egypt, with painted coffins and embalming equipment on display.
  • Robshaw: Focus is on us
    Robshaw: Focus is on us
    England captain Chris Robshaw believes the team should focus on their own game rather than worry about the opposition.
  • Tulisa goes solo
    Tulisa goes solo
    Tulisa discusses her debut solo album and rooting for Adele at the Grammy Awards as she attends a pre-Grammy party held by Belvedere vodka and RED.
arrow
Harry hails Everest war veterans
The charity Walking with the Wounded launched the ambitious project today to put five war-wounded men on the mountain's summit as Harry agreed to be the expedition's patron. The royal even clambered into an altitude chamber at an event staged in c

5 day forecastMy local weather

Cloudy
London
min: -2º
max:3º
 
 

Daily Pictures



Advertisement starts



Advertisement ends

Page Footer


Access keys


You will need to use different key combinations in order to use access keys depending on your internet browser, find out which on our accessibility page.
  • (0) Navigate to Accessibility page.
  • (1) Navigate to Home page.
  • (2) Navigate to My email.
  • (3) Navigate to My Account.
  • (4) Navigate to Site Map page.
  • (5) Navigate to Contact us page.
  • (6) Navigate to Members channel.
  • (7) Navigate to Services channel.
  • (8) Navigate to News & Info channel.
  • (9) Navigate to Entertainment channel.
  • ([) Skip down to the Primary navigation block.
  • (]) Skip down to the more links within this section block.
  • (=) Bypass all navigation and jump to the content.
  • (x) Text only version of this page.