16.23 Above inflation increases in the pensioners credit and an increase in pensions based on the highest inflation rates.Every pensioner to get a on off payment of £60 in January
16.22 Governemnt is still committed to eradicating child poverty
16.20 for can owners from 2010 the differential rates for cars will come in but a maximum of £30 for the most polluting cars
16.17 There are still 500,000 unfilled vacancies according to the Chancellor
16.14 welcomes commitment to lenders to help homeowners who get into difficulties with a 3 month grace
16.13 Now we move to mortgages and repossessions-new panel to be set up to monitor lending by the banks
16.11 the recession shouldn't get in the way of green policies
16.10 Threatens the eneergy companies with statutory forces if they do not bring down prices in line with falling costs
16.09 £100m in new money and bringing forward £50m for home insulation
16.07 Camera pans to a very nervous looking Douglas Alexander-Wonder why
16.06 losses of up to £50,000 can now be offset over profits for 5 years
16.05 £4b deal with European banks to support small business's-also a temporary small business scheme is being brought in and from Jan a temporary facility throiugh the export guarantee scheme.
16.03 All business being allowed to spread payments of all taxes through next year
16.02 Temporary relief on empty property rates
16.00 More laughter as he says he will balance the budget bu 2015-6 Shouts of you wont be here then
15.54 Typical my wireless connection has just gone down-back up to here him saying by 2011 with growth beginning to increase all rates of NI by 0.5% but a bottom ceiling of £20,000.New rate of tax 45% on earnings over £150k and will withdraw personal allowence anomolies on incomes between £100-149K
15.48 all the reasons why government income is falling and why borrowing will be higher (£78b this year,£118b next year 7% of GDP)-Footsie is up over 300 points
15.46 Now bamboozling us with figures which show how the country has kept within the fiscal rules up to now.But now he is setting a temporary operating rule( more laughter from the opposition benches)
15.44 Darling will do whatever it takes to help families
15.42 Now for the forecasts..........output will recover after 2nd quarter of 2009,inflation at 0.5%,UK economy will grow 0.5% in 2010 and in future years 2-3%!!!!!
15.40 But beacause of our position in the global financial market we are going to be effected
15.38 The phrase that the UK economy faces the recession from a position of strength leads to an eruption as does him telling the House that they did fix the roof
15.35 The speaker has had enough and tells Tory Michael Fabricant to keep quiet
15.34 More laughter as he mentions banking stiffer banking regulation
15.33 More oppostion groans as Darling mentions the phrase "Global problems"
15.31 Much laughter from the opposition benches as he talks of the country living within its means
15.30 Chancellor on his feet,spot on time
15.28 Eyes down then for the most previewed Pre Budget report ever
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