Page last updated at 14:08 GMT, Wednesday, 9 December 2009

George Osborne: Never trust Labour again

Advertisement

Shadow chancellor George Osborne has accused Alistair Darling of ducking tough decisions on spending, and said Labour should never be trusted with people's money again.

It followed a pre-Budget report in which the Chancellor confirmed plans for a 50% windfall tax on bank bonuses.

He raised borrowing forecasts for this year and next, and announced a 1% cap on public sector pay for two years from 2011.

All National Insurance rates will rise by an another half of one per cent in 2011.

SEE ALSO

Story Tools

BBC navigation

BBC © 2014 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