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BUDGET 2008

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Key points from the Budget - in brief
Picture of Gordon Brown
  • Cigarettes up 11p a packet of 20
  • Beer up by 4p a pint, wine 14p a bottle, spirits 55p a bottle and cider 3p a litre
  • From 2009, major reform of the vehicle excise duty
  • Fuel duty increase of 2p increase postponed until October
  • From April, 2009, child benefit will be increased to £20 a week
  • Laws will be introduced by 2009 to tax plastic bags if shops do not do more to charge for their use
  • Cash ISA limit confirmed as £3,600 a year from April
  • Budget 2008 - at a glance


Public finances meet Budget forecasts - ShareCast - Fri 18 Apr, 12:05 PM
There'll be a sigh of relief in Alistair Darling's office today after it was revealed that public sector borrowing for the last financial year came within the chancellor's target.

UK public finances meet Darling's Budget forecasts for 2007/8 fiscal year - AFX - Fri 18 Apr, 09:45 AM
LONDON (Thomson Financial) - UK Chancellor of the Exchequer Alistair Darling will be relieved to find that public finances for the fiscal year 2007/8 have come in within his Budget forecasts despite a higher-than-expected public sector net borrowing (PSNB) during March, official figures showed.

Report warns Government forecast may be tight - Your Money - Mon 07 Apr, 09:36 AM
The Treasury may have given insufficient weight to the risks of continued financial turbulence when forecasting economic growth in last months budget, according to a report from the Treasury Committee. Published today, the report examines the budget announcement issued by Chancellor Alistair Darling on 12 March. The Committee revealed the Treasurys growth forecasts were more optimistic [...]

UK govt minister says licensing industry 'right to be upset' over duty rises - AFX - Thu 03 Apr, 03:24 PM
LONDON (Thomson Financial) - British Licensing Minister Gerry Sutcliffe said the licensing industry was 'right' to be upset at Chancellor Alistair Darling's budget decision to lift alcohol duty by the rate of inflation plus 2 percent for the next four years.

UK's Darling stands by budget GDP forecast despite renewed market turmoil UPDATE - AFX - Wed 19 Mar, 03:30 PM
(Adds Darling defence of government's fiscal rules)

UK BUDGET Darling maiden budget dull and over-optimistic - press reports - AFX - Thu 13 Mar, 09:36 AM
LONDON (Thomson Financial) - The UK press gave an unenthusiastic welcome to Chancellor of the Exchequer Alistair Darling's maiden Budget, complaining it was incredibly dull, but conceding he had little option to do much else.

ROUNDUP UK Budget slammed by industry for over-optimism, offering little - AFX - Wed 12 Mar, 05:12 PM
LONDON (Thomson Financial) - Today's maiden Budget by Chancellor of the Exchequer Alistair Darling has been slammed by UK lobby groups and trade associations for being overly optimistic in his forecasts, and offering little to help a slowing economy.

UK BUDGET ROUNDUP Darling delivers balanced budget with few surprises - AFX - Wed 12 Mar, 04:38 PM
LONDON (Thomson Financial) - Alistair Darling, the UK Chancellor of the Exchequer, today produced a subdued budget with little sign of the showmanship favoured by his predecessor, Gordon Brown.

UK BUDGET Darling wants energy cos to spend 150 mln stg on social tariff UPDATE - AFX - Wed 12 Mar, 04:36 PM
(Adds Centrica CEO comment)

UK BUDGET Darling says to start review on housing finance UPDATE - AFX - Wed 12 Mar, 04:21 PM
(Update adds government comment)


UK CBI extends cautious welcome to Darling's maiden budget 04:09 PM [ AFX ]
UK BUDGET Darling hits gas guzzlers; delays fuel duty rise UPDATE 03:55 PM [ AFX ]
FOCUS Darling delivers underwhelming budget amid straitened circumstances 03:51 PM [ AFX ]
UK BUDGET New 'gold standard' for UK mortgages given cautious welcome 03:50 PM [ AFX ]
UK BUDGET Darling proposes measures to boost UK fund management industry 03:42 PM [ AFX ]


UK BUDGET Darling confirms non-dom tax regime to take effect in April 03:40 PM [ AFX ]
UK Budget does little to help housing, mortgage market in short term - CML 03:27 PM [ AFX ]
UK BUDGET Darling's policies loosen 2008/9 public finances UPDATE 03:22 PM [ AFX ]
UK Budget Report: At-a-glance guide to main points 03:08 PM [ AFX ]
UK BUDGET BRC criticises alcohol tax increases, compulsory carrier bag charges 03:08 PM [ AFX ]


Budget 2008 - at a glance 03:04 PM [ Yahoo!]
UK BUDGET Darling lowers growth forecasts again UPDATE 02:57 PM [ AFX ]

UK Budget [at Financial Times] 02:35 PM [ Financial Times ]
UK BUDGET Darling's UK budget forecasts 'unduly optimistic' - BCC 02:24 PM [ AFX ]
UK BUDGET Frozen stamp duty threshold is a missed opportunity - Rightmove 02:23 PM [ AFX ]


Budget 2008: Darling pledges pensions assistance 02:15 PM [ Your Money]
UK BUDGET Darling lifts 2008 CPI inflation forecast 02:07 PM [ AFX ]
UK BUDGET Full text of Darling's speech 01:55 PM [ AFX ]
UK BUDGET Darling says to start review on housing finance 01:45 PM [ AFX ]
UK BUDGET Darling wants energy companies to spend 150 mln stg on social tariffs 01:33 PM [ AFX ]


UK BUDGET Darling lowers growth forecasts again 12:57 PM [ AFX ]
UK's Darling set to postpone 2p rise in fuel tax - report 08:18 AM [ AFX ]
Nationwide calls for ISA reform 10:43 AM [ Your Money]

Conditions difficult for Darling's first Budget [at Financial Times] 08:30 PM [ Financial Times ]
UK budget should aim to shore up international business confidence - BBA 12:16 AM [ AFX ]


UK business lobby groups call on Darling to abandon tax rises in budget 12:16 AM [ AFX ]
FOCUS Darling counting on tomorrow's public finance news for budget flexibility 11:18 AM [ AFX ]

Testing times for Darling on the public policy front [at Financial Times] 06:40 PM [ Financial Times ]
UK's Darling hints at tax cuts in upcoming Budget 09:17 AM [ AFX ]
UK's Government should scrap fiscal rules - NIESR 12:16 AM [ AFX ]


UK's Darling to present maiden budget on March 12 UPDATE 02:06 PM [ AFX ]
UK's Darling to present maiden budget on March 12 10:14 AM [ AFX ]
UK Treasury needs to raise taxes by 8 bln stg to achieve fiscal targets - IFS 10:15 AM [ AFX ]
Chancellor revises tax reforms 11:49 AM [ Your Money]
UK's Darling facing increasing pressure to rethink capital gains tax changes 08:40 AM [ AFX ]


UK economists slam Darling's pre-budget forecasts at parliamentary hearing 06:04 PM [ AFX ]
UK's Darling dismisses 'smash and grab' claims 09:05 AM [ AFX ]
UK Pre Budget Report: At-a-glance guide to main points 05:42 PM [ AFX ]
UK gilts unmoved by neutral pre-budget report 05:40 PM [ AFX ]
UK Pre-Budget Report earmarks extra 400 mln stg for defence operations 05:18 PM [ AFX ]


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