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Darling to outline spending cuts Darling to outline spending cuts
(about 1 hour later)
Chancellor Alistair Darling is reported to be ready to outline plans for further cuts in spending to tackle soaring government debt.Chancellor Alistair Darling is reported to be ready to outline plans for further cuts in spending to tackle soaring government debt.
He is expected to indicate in a speech in Cardiff how ministers hope to halve the budget deficit over four years.He is expected to indicate in a speech in Cardiff how ministers hope to halve the budget deficit over four years.
It follows his well-publicised dispute with Gordon Brown over whether to announce deeper cuts in departments' budgets before the general election.It follows his well-publicised dispute with Gordon Brown over whether to announce deeper cuts in departments' budgets before the general election.
In April, Mr Darling predicted public borrowing would reach £175bn this year.In April, Mr Darling predicted public borrowing would reach £175bn this year.
He will deliver the Callaghan Lecture, in honour of former prime minister James Callaghan, at the Cardiff City Stadium.He will deliver the Callaghan Lecture, in honour of former prime minister James Callaghan, at the Cardiff City Stadium.
The details of Mr Darling's plans will be formally announced in this autumn's pre-Budget report.The details of Mr Darling's plans will be formally announced in this autumn's pre-Budget report.
On Sunday, Treasury Minister Liam Byrne insisted it was possible to halve the budget deficit while managing to "protect public services".On Sunday, Treasury Minister Liam Byrne insisted it was possible to halve the budget deficit while managing to "protect public services".
He said economic stimulus measures would continue next year but the focus would switch to paying off the debt.He said economic stimulus measures would continue next year but the focus would switch to paying off the debt.
Mr Byrne told the BBC: "In the pre-Budget report we will set out in more detail how we will halve the deficit over four years and protect those public services which we think are key to helping people make the most of the future in this country".Mr Byrne told the BBC: "In the pre-Budget report we will set out in more detail how we will halve the deficit over four years and protect those public services which we think are key to helping people make the most of the future in this country".
Mr Brown and Mr Darling are reported to have had lengthy discussions over the summer on the new, tougher public spending strategy.Mr Brown and Mr Darling are reported to have had lengthy discussions over the summer on the new, tougher public spending strategy.
The issue is expected to be central to the main political parties' general election campaigns.The issue is expected to be central to the main political parties' general election campaigns.