From the TUC

Pre-Budget Report: Darling’s three tasks

08 Dec 2009, by Guest in Economics

We think Alistair Darling has three big tasks to pull off in his Pre-Budget Report tomorrow:

First, he must do nothing to endanger economic recovery by taking premature action on the deficit. Unemployment is still rising and the economy remains fragile.

Second, he must do more to help the jobless, particularly action to prevent this generation of school and college leavers being scarred for life.

And third, he must show that those who brought about the crash and did so well out of the boom years will pay the price of putting it right. A windfall tax on bank bonuses should just be the start of building a fair tax system and reforming finance.

We need a finance system that once again serves the rest of the economy, not just itself.

2 Responses to Pre-Budget Report: Darling’s three tasks

  1. Tweets that mention Pre-Budget Report: Darling’s three tasks | ToUChstone blog: A public policy blog from the TUC — Topsy.com
    Dec 8th 2009, 11:28 am

    […] This post was mentioned on Twitter by ToUChstone blog, TUC news. TUC news said: Brendan Barber on the PBR: "We need a finance system that once again serves the rest of the economy, not just itself" http://ow.ly/JQ4L […]

  2. Liberal Conspiracy » Join our live discussion of the Pre-Budget report
    Dec 9th 2009, 11:56 am

    […] There is speculation the government may introduce a transactions levy and / or introduce a year-long Windfall tax on banker’s bonuses. The TUC’s Brendan Barber yesterday set out three tasks he needs to pull off. […]