Families and small business to get billions in tax cuts - papers

Alistair Darling will announce measures worth several hundred pounds to every family struggling to cope in the downturn. The measures will include an increase in tax credits and more help with fuel bills for the elderly. Downing Street sources said that Gordon Brown had been convinced of the case for substantial borrowing to fund a programme of tax cuts and to maintain high public spending to revive Britain’s ailing economy. The package is likely to focus on cuts targeted at individuals and firms that the recession has already hit or is about to, It will be unveiled in an emergency re...