Alistair Darling delivers his Pre-Budget Report - read about pension tax relief restrictions and a tax rise for those earning over £20,000.
Mr Speaker, today's Pre-Budget Report takes place at a critical time for our economy and for our country. Governments across the world have taken co-ordinated steps to deal with the biggest financial crisis for over half a century. In the UK, our action has reduced the impact of this downturn on families and businesses. But there is still uncertainty. So the task today is to secure the recovery and promote long-term growth. To promote growth, we need to invest in the dynamic sectors of the future - in digital, bio and low-carbon technology. I will announce measures that wi...
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