A fresh stimulus to the economy through tax cuts or spending on public works projects could come in the April Budget, a government document released by Gordon Brown hinted yesterday, according to The Times .
The Prime Minister published his 74-page blueprint for world leaders who will be attending the G20 summit in London in April, calling on them to increase the International Monetary Fund's resources, renounce protectionism and reform world financial institutions. He said the 20 leaders must strike a "grand bargain" to deal with the economic downturn with co-operation on banking reform and fiscal stimulus packages. Within the document, however, there is a strong suggestion that the economic injections made so far may not be sufficient. There are already suggestions in Whitehall that Alist...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
