Pre-Budget report 2008
Chancellor Alastair Darling

Page last updated at 10:43 GMT, Wednesday, 20 January 2010
David Cameron
Tory leader David Cameron clashes with Gordon Brown over what he claims are secret plans for a VAT "tax bombshell".

Chancellor Alistair Darling cuts VAT but signals future tax rises, with UK borrowing set to soar to record levels.

The Conservatives have secured the emergency Commons debate they demanded into the pre-Budget report plans.



Pre Budget Report documents
All the pre-Budget report documents in full - check out what the chancellor has got in store for you
The end of Thatcher's tax incentives
See on our map how the PBR affects you
Staggering levels of debt burden public finances
Business leaders at the CBI welcome the PBR
The data showing the pressure on the economy
A profile of Chancellor Alistair Darling



The important thing now is to protect the UK economy

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The first things that immediately leaps out is the ability to spread our tax payments.

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