This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/8586268.stm

The article has changed 16 times. There is an RSS feed of changes available.

Version 13 Version 14
Parties draw Budget battle lines Parties draw Budget battle lines
(about 3 hours later)
Shadow chancellor George Osborne has attacked Labour's "empty" Budget and lack of "vision" as the election battle lines are drawn up around the economy.Shadow chancellor George Osborne has attacked Labour's "empty" Budget and lack of "vision" as the election battle lines are drawn up around the economy.
Mr Osborne told the BBC: "Where is the leadership to get this economy moving?"Mr Osborne told the BBC: "Where is the leadership to get this economy moving?"
But Chancellor Alistair Darling said Labour's policies were "bearing fruit" and said Tory spending cut plans "risk tipping" the UK back into recession.But Chancellor Alistair Darling said Labour's policies were "bearing fruit" and said Tory spending cut plans "risk tipping" the UK back into recession.
The Liberal Democrats say Labour and the Tories are both "in denial" about the scale of spending cuts needed.The Liberal Democrats say Labour and the Tories are both "in denial" about the scale of spending cuts needed.
BUDGET 2010: AT-A-GLANCE Deficit not as big as predicted First time buyers stamp duty cut Planned petrol duty rise staggered 20,000 university places pledged Force state banks to lend moreCrackdown on tax evasion Tax hike on strong cider Growth package to boost jobs Bank accounts for all citizensGreen investment fund The Full Story: Budget 2010 At-a-glance: The key pointsBUDGET 2010: AT-A-GLANCE Deficit not as big as predicted First time buyers stamp duty cut Planned petrol duty rise staggered 20,000 university places pledged Force state banks to lend moreCrackdown on tax evasion Tax hike on strong cider Growth package to boost jobs Bank accounts for all citizensGreen investment fund The Full Story: Budget 2010 At-a-glance: The key points
Mr Osborne said the Conservatives would set out further details of how they would cut Britain's deficit at a faster rate than Labour before the general election, adding that they would place more emphasis on spending cuts than tax rises.Mr Osborne said the Conservatives would set out further details of how they would cut Britain's deficit at a faster rate than Labour before the general election, adding that they would place more emphasis on spending cuts than tax rises.
"I am going to try and get rid of this enormous debt by getting rid of wasteful government spending, not taxing hard-working people," he told GMTV."I am going to try and get rid of this enormous debt by getting rid of wasteful government spending, not taxing hard-working people," he told GMTV.
The comments came as Mr Darling, Mr Osborne and Lib Dem treasury spokesman Vince Cable toured television and radio stations to give their verdicts on Wednesday's Budget.The comments came as Mr Darling, Mr Osborne and Lib Dem treasury spokesman Vince Cable toured television and radio stations to give their verdicts on Wednesday's Budget.
'Stealth tax''Stealth tax'
In his Budget speech, Mr Darling said Labour had been "right about the recovery" and urged voters not to put it at risk by deserting the party.In his Budget speech, Mr Darling said Labour had been "right about the recovery" and urged voters not to put it at risk by deserting the party.
A raid on the rich with the theft of Conservative ideas in a highly political Budget The Times Papers split on Budget analysis Political bloggers' surprise reactions Darling defends departmental cutsA raid on the rich with the theft of Conservative ideas in a highly political Budget The Times Papers split on Budget analysis Political bloggers' surprise reactions Darling defends departmental cuts
But Mr Osborne claimed 30 million workers were facing an effective tax rise due to the freeze on personal allowances.But Mr Osborne claimed 30 million workers were facing an effective tax rise due to the freeze on personal allowances.
He said the details, contained in official documents, were a new "stealth tax" and Mr Darling had "said nothing about the biggest tax rise in the Budget" in his speech.He said the details, contained in official documents, were a new "stealth tax" and Mr Darling had "said nothing about the biggest tax rise in the Budget" in his speech.
Mr Darling said that tax thresholds are linked to the inflation rate the previous September. At the time inflation was negative so "in theory these allowances should have been cut... now that would have been daft... so I froze them".Mr Darling said that tax thresholds are linked to the inflation rate the previous September. At the time inflation was negative so "in theory these allowances should have been cut... now that would have been daft... so I froze them".
If the Conservatives win power at the election they have said they would introduce an "emergency" Budget within 50 days, which would overturn many of Mr Darling's policies.If the Conservatives win power at the election they have said they would introduce an "emergency" Budget within 50 days, which would overturn many of Mr Darling's policies.
But asked if the Tories would reverse the freeze on personal allowances, Mr Osborne said: "I wouldn't be able to because it is going to happen before the general election."But asked if the Tories would reverse the freeze on personal allowances, Mr Osborne said: "I wouldn't be able to because it is going to happen before the general election."
He said the Labour measure he was "working hardest to avoid" was a 0.5% increase in National Insurance announced in the pre-Budget report, which is due to come into effect next year.He said the Labour measure he was "working hardest to avoid" was a 0.5% increase in National Insurance announced in the pre-Budget report, which is due to come into effect next year.
Stamp dutyStamp duty
The government revealed on Wednesday the amount individual departments will contribute to the £11bn in spending cuts announced in the pre-Budget report, with the Department of Health bearing the brunt of "efficiency savings" with a pledge to reduce NHS spending by £4.35bn over three years.The government revealed on Wednesday the amount individual departments will contribute to the £11bn in spending cuts announced in the pre-Budget report, with the Department of Health bearing the brunt of "efficiency savings" with a pledge to reduce NHS spending by £4.35bn over three years.
But Mr Darling has postponed the major decisions on spending cuts until after the election, warning in his Budget speech that the 2011 spending review would be the "toughest in decades". But Lib Dem health spokesman Norman Lamb said the government's figures were "a fantasy" as there was "no mechanism for achieving these objectives" - something denied by Alistair Darling.
Mr Lamb told BBC Radio 4's The World at One the Lib Dems would achieve real savings by "attacking the massively over-bloated bureaucracy that still controls much of the NHS".
Mr Darling has postponed the major decisions on spending cuts until after the election, warning in his Budget speech that the 2011 spending review would be the "toughest in decades".
EXPERTS' ANALYSIS "The chancellor has moved the goalposts" Business editor Robert Peston "The theme's clear - help for the many versus help for the few" Political editor Nick Robinson "The stamp duty cut is even cheaper than I thought" Economics editor Stephanie Flanders Full Budget 2010 coverageEXPERTS' ANALYSIS "The chancellor has moved the goalposts" Business editor Robert Peston "The theme's clear - help for the many versus help for the few" Political editor Nick Robinson "The stamp duty cut is even cheaper than I thought" Economics editor Stephanie Flanders Full Budget 2010 coverage
But he said that to cut spending now, as the Tories want, would jeopardise the economic recovery, which was in its "infancy".But he said that to cut spending now, as the Tories want, would jeopardise the economic recovery, which was in its "infancy".
Britain's budget deficit remains at a record high but it is £11bn lower than the £178bn forecast by Mr Darling in his pre-Budget report thanks to better than expected tax receipts over the past three months.Britain's budget deficit remains at a record high but it is £11bn lower than the £178bn forecast by Mr Darling in his pre-Budget report thanks to better than expected tax receipts over the past three months.
Mr Darling resisted the temptation to throw the money at pre-election giveaways, opting instead for a series of relatively modest measures mostly paid for by savings elsewhere.Mr Darling resisted the temptation to throw the money at pre-election giveaways, opting instead for a series of relatively modest measures mostly paid for by savings elsewhere.
He suspended stamp duty on homes sales below £250,000 for two years for first time buyers - already a Tory policy - but said it would be paid for by an increase to 5% of the rate on £1m home sales, which drew cheers from Labour MPs.He suspended stamp duty on homes sales below £250,000 for two years for first time buyers - already a Tory policy - but said it would be paid for by an increase to 5% of the rate on £1m home sales, which drew cheers from Labour MPs.
But Lib Dem Treasury spokesman Vince Cable, who has outlined £15bn in potential spending cuts, said that although the stamp duty cut would help a small number of people get on the property ladder "it doesn't create a single affordable home".But Lib Dem Treasury spokesman Vince Cable, who has outlined £15bn in potential spending cuts, said that although the stamp duty cut would help a small number of people get on the property ladder "it doesn't create a single affordable home".
Cider taxCider tax
Mr Darling also unveiled a series of measures aimed at boosting business and helping the young unemployed and a one-off £270m fund to create 20,000 extra university places.Mr Darling also unveiled a series of measures aimed at boosting business and helping the young unemployed and a one-off £270m fund to create 20,000 extra university places.
COMPLETE BUDGET DOCUMENTS Budget 2010 - Securing the recovery [3.55MB] Hosted by Direct.gov.ukCOMPLETE BUDGET DOCUMENTS Budget 2010 - Securing the recovery [3.55MB] Hosted by Direct.gov.uk
Most computers will open PDF documents automatically, but you may need Adobe ReaderMost computers will open PDF documents automatically, but you may need Adobe Reader
Download the reader hereDownload the reader here
Next month's scheduled increase in petrol duties will be phased in over two years and he confirmed planned rises in duty on beer, wine and spirits and tobacco.Next month's scheduled increase in petrol duties will be phased in over two years and he confirmed planned rises in duty on beer, wine and spirits and tobacco.
He also announced a 10% tax hike on strong cider to tackle binge drinking, despite calling a similar Conservative policy a "gimmick" in 2008.He also announced a 10% tax hike on strong cider to tackle binge drinking, despite calling a similar Conservative policy a "gimmick" in 2008.
The most expensive measure in the Budget was a £600m pledge to increase the winter fuel allowance for pensioners for another year.The most expensive measure in the Budget was a £600m pledge to increase the winter fuel allowance for pensioners for another year.
The Budget received a mixed response in the papers with the Daily Telegraph calling it a "Tax raid on middle class" and The Times saying it "combined a raid on the rich with the theft of Conservative ideas in a highly political Budget".The Budget received a mixed response in the papers with the Daily Telegraph calling it a "Tax raid on middle class" and The Times saying it "combined a raid on the rich with the theft of Conservative ideas in a highly political Budget".
The Guardian said Mr Darling had "spurned the chance" of a pre-election giveaway by putting his "personal stamp" on a package designed to cement recovery.The Guardian said Mr Darling had "spurned the chance" of a pre-election giveaway by putting his "personal stamp" on a package designed to cement recovery.