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Deja vu

Nick Robinson
Nick Robinson
Temporary, Timely and Targetted. That's how the Prime Minister has described the package of measures due to be unveiled by the Chancellor.

Never before has a pre-budget statement been so widely anticipated, written about, talked about.

Already much of its content appears to have been divulged - and there's news that Labour will bring forward proposals to raise income taxes on the better-off after the next election, to help pay for a short-term giveaway package the government hopes will stimulate the economy.

John McDonnell
John McDonnell
Our political editor Nick Robinson has more details.

Labour backbenches

We asked the prominent left-wing Labour MP John McDonnell what he made of the proposed tax increase.

Lord Eatwell
Lord Eatwell


The Labour peer John Eatwell was economic adviser to Neil Kinnock from 1985 to 1992.

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