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Comment & Analysis

Wednesday April 22, 01:05 PM
INSTANT VIEW 1-Darling presents budget to UK parliament

LONDON, April 22 (Reuters) - Below are reactions to British finance minister Alistair Darling's budget statement to parliament on Wednesday.

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ECONOMIC FORECASTS

JONATHAN LOYNES, CHIEF ECONOMIST, CAPITAL ECONOMICS

'I think they are as we expected him to announce but they are stronger than ours, we've got the economy contracting by 4 percent this year and then by another 1 next year so we would be more pessimistic than him.

'It is a bit more optimistic than the consensus forecast for next year but not dramatically so.'

(Compiled by Paul Hoskins) Keywords: BRITAIN BUDGET/

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