PBR re-cap: A bank bonus levy and more NI

Alistair Darling's third PBR pointed the finger of blame for Britain's gaping budget deficit and sharp economic downturn at the global financial crisis and set out Labour's plans for long-term growth. Ahead of tomorrow's annual Budget, IFAonline re-caps some of the main PBR points: Economy • The UK will return to growth in Q4. Darling sticks to growth forecast of 3.5% in 2011-2012. • Consumer inflation will rise from 1.5% to around 3% early next year, before falling. Inflation should reach 1.5% by the end of 2010. National insurance • All employer, employee and self-employed...