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Financial News

Friday May 1, 12:51 PM

 

 

Alistair Darling predicted the economy would return to growth late this year

By Carl de Souza

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Chancellor Alistair Darling poses with a briefcase containing the 2009 Budget Report outside 11 Downing Street on April 22. Darling unveiled the budget projecting that the economy will shrink at the fastest rate since World War II, massive issuance of public debt, and a new 50-percent tax rate for the rich Chancellor Alistair Darling poses with a briefcase containing the 2009 Budget Report outside 11 Downing Street on April 22. Darling unveiled the budget projecting that the economy will shrink at the fastest rate since World War II, massive issuance of public debt, and a new 50-percent tax rate for the rich


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