The CBI predicts the UK economy will grow at a slightly faster rate than expected in 2010, but growth will be more ‘sluggish' than previously thought in 2011 thanks to the emergency budget.
Prime Minister David Cameron has outlined the extent of the cuts to be revealed in the Government's October Spending Review.
The FTSE 100 fell into negative territory in early trading today as jittery investors await details of today's emergency Budget.