Pre-Budget Report due on 9 December

Alistair Darling is expected to outline the Government's plans for economic recovery and reducing public debt. It will be the last pPre-Budget Report before the next General Election, which must be held by June 2010. Labour will outline plans to reduce public debt by half over a four-year period, though the Tories have demanded the Government start cutting costs now to save taxpayers money in the future. Darling will also need to update his economic predictions, after recent figures showed the UK is still in recession. The Chancellor previously predicted the country would be out...