Peter Hoskin

Pre-Budget Report live blog | 9 December 2009

Stay tuned for live coverage of Alistair Darling’s statement from 1230.

1231, PH: PMQs is still going on.  Tune into David’s live blog of that here.

1233, PH: Here’s Darling.  One sentence in and he’s already refering to the global crisis and “unprecedented action”.  He adds: “The task today is to ensure the recovery and to promote growth.” 

1234, PH: One minute in, and it’s already dividing line heavy.  “The choice is between going for growth or endangering the recovery … investment … cuts”.  Yada, yada, yada.

1235, PH: Darling is pointing to signs of global recovery – US housing market stabilising etc.  Shame we’re still in recession here.

1237, PH: Darling: “I’m confident that the economy will grow by the turn of the year … but we cannot be complacent.”  He hasn’t said “do nothing Tories” yet – but its heavily implied in almost everything he’s said so far.

1237, PH: There we go. 

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