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On the economy, the Chancellor is expected to revise down his Pre-Budget Report (PBR) forecast to a contraction of 5%. Elsewhere, Darling may introduce a pay cap of 1% from 2011 onwards for public sector workers and increase national insurance (NI) rates by one percentage point. He is expected to leave income tax, VAT and capital gains tax (CGT) well alone. In the PBR, Darling announced income tax on the rich will be raised from next month. Individuals with incomes over £100,000 will lose their personal allowance and a 50p rate will hit those with incomes over £150,000. IFAonlin...