Page last updated at 16:09 GMT, Wednesday, 24 March 2010

Budget 2010: The economic challenge in graphics

Alistair Darling

By Edwin Lane
Economics reporter, BBC News

Chancellor Alistair Darling defended the government's handling of the economic crisis and its role in the recovery from recession in Wednesday's Budget.


But that did not stop him from revising down his growth expectations for 2011, underlining the fragility of the economic recovery , which only saw the UK emerge from recession with a growth rate of 0.3% in the last three months of 2009.

Mr Darling also took the credit for the recent falls in unemployment , arguing that it had been government action that had prevented jobless levels from reaching the heights of the recessions in the 80s and 90s.

But the economic headline of the budget was the news that government borrowing this year would be less than previously forecast, totalling £167bn.

However, little extra detail was given on cuts to public spending , with the government prepared to wait until the autumn for a spending review, should it be re-elected.

budget deficit

Print Sponsor

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Sign in

BBC navigation

Copyright © 2019 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific