Darling warns of harsh Budget

Speaking to the BBC today, he said the 24 March announcement would not be a "Christmas tree of a Budget". Alistair Darling confirmed he is committed to cutting the country's deficit in half over the next four years. The Budget will be "sensible and reflect the times in which we live", he adds. However, he also pledged to continue spending money to support the economy and create job. He says his plan to cut the Budget over four years is responsible, and will not lead to major cuts which threaten economic recovery. It is not clear if further tax rises will be put in place. Chi...