Pre-Budget report - Brown should take responsibility for economic problems
Alistair Darling makes his first major statement as Chancellor at 3.30pm today with the Pre-Budget Report and Comprehensive Spending Review. He is expected to signal inheritance tax changes and plans to target private equity bosses' tax loopholes. Hospitals and schools may get more money than expected, although spending is expected to increase more slowly than over recent years. Mr Darling is likely to downgrade expectations for growth as he outlines his latest thinking on the UK economy. Ming Campbell this morning called on Gordon Brown to take responsibility for the turmoil in the economy, accusing the new Prime Minister of going to ground while his Chancellor tries to steer his way through the stormy economic waters of the Prime Minister's making.