Budget 2010: Brown is biggest risk to economy - Cameron

clock

David Cameron says the biggest risk to the economy "is the Prime Minister," following today's Budget statement.

He criticised Labour's latest Budget, saying it only brings "debt, waste and taxes". The leader of the opposition accused the Government of stealing Conservative ideas about doubling stamp duty and increasing investment in university places. He also criticised Labour for increasing tax on businesses and jobs. Cameron says the Government is increasing taxes on business by £19bn and will stifle private sector economic growth. The Government says it has suspended tax increases for small businesses this year. He promised a Conservative government would lower taxes for business and...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK inflation rises to 3.8% in July

UK inflation rises to 3.8% in July

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
Bank of England meets expectations and cuts rates to 4%

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock 07 August 2025 • 4 min read
Think tank warns UK fiscal hole could surpass £50bn by 2030

Think tank warns UK fiscal hole could surpass £50bn by 2030

Government not on track to meet ‘stability rule’

Sorin Dojan
clock 06 August 2025 • 1 min read