On Wednesday 9 Decemeber 2009, Alistair Darling delivers his Pre Budget report.
But what exactly is it?
It's a half time report on how the government is doing meeting its financial commitments.
It should be interesting in a time of decreasing tax revenue, government debt, unemployment and an election within 6 months.
To be continued....!
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As it turned out, there were few changes.
A few extra taxes on City fat cats' bonuses & pensions, a bit on national insurance and VAT & stamp duty on house purchases.
For further details see my article for the Swindon Advertiser.
http://www.wiltshirebusinessonline.co.uk/news/latest/4785410.print/
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