Apr 19th, 2009 - Times Online
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Alistair Darling will demand £15 billion in Whitehall efficiency cuts thisweek after repeated warnings that public sector spending is out of control.
The Chancellor, who cut the rate of growth in annual spending to 1.2 per centlast November, will reduce it further in the Budget on Wednesday, withmassive implications for services in the years after 2011.
Mr Darling, who tried to boost confidence in the economy last night with avideo message on YouTube, will also announce a £500 million “green stimulus”to the economy.
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Related videos from YouTube:
1:29Alistair Darling prepares for Budget 2009
The Chancellor of the Exchequer, Alistair Darling prepares for Budget 2009
7:09Alistair Darling kicks off his Budget speech Today 22nd April 2009
Alistair Darling kicks off his Budget speech Today 22nd April 2009
3:29UK Budget 2009 by Alistair Darling 22.4.2009
Chancellor Alistair Darling has slashed economic forecasts as he accepted that Britain faces its deepest recession since the Second World War. Delivering his second Budget, Mr Darling warned that output would shrink by 3.5 per cent this year - more than doubling his previous forecast ...
5:02Alistair Darling talks on his fantasy budget to the IOD (29Apr09)
Sky News: Failed New Labour chancellor Alistair Darling gives a talk to the Institute of Directors (IOD) about his fantasy figures budget he gave last week. New Labour cut the basic rate of tax for taxpayers from 10% to 20%. Doesn't sound like a cut to me ...
