PBR attacked as US unveils new $700bn package - papers

Responding to Alistair Darling's pre-budget report, The Guardian reports the shadow chancellor warned it would create a £1tn national debt and he branded a 0.5% increase in national insurance a "tax on jobs". Laying into the proposals, Osborne said that Gordon Brown's promise to end boom and bust had proved "one of the greatest deceits ever told to the British public". "The chancellor has just announced the largest amount of borrowing ever undertaken by a British government in the entire history of this country," he said. "To pay for it he has placed a huge unexploded tax bombshell ti...