Budget Draws the Electoral Battle Lines

The HeraldMarch 25, 2010

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Summary


Alistair Darling warned there would be no Christmas tree with a pile presents despite the Budget being only weeks from the General Election. The timing, however, explains the stocking-size sweeteners to the young unemployed, first-time home buyers, pensioners and small businesses.

The Chancellor produced a Budget that lived up to its billing as sensible, while drawing a political line between Labour interventionist measures which had steadied the economy during the recession and the prospect of a deep cuts by the Conservatives damaging continued recovery.

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Budget Draws the Electoral Battle Lines

The "feel-good" factor of the two-year stamp duty holiday for first-time buyers of houses costing less than pound(s)250,000 was enhanced by being paid...

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