Corin-Taylor

The opening remarks of Alistair Darling’s Budget speech showed that the Chancellor is well aware of Britain and the world economy’s ongoing economic woes.  How troubling and disappointing, then, that his first Red Book will only make things worse.  There are four key failings.  First, the Budget raised taxes yet again, the very worst thing

The discussion around Alistair Darling’s first Budget is likely to be dominated by immediate worries, such as non-dom taxation, capital gains tax, the rising budget deficit, Northern Rock, and the impact of the credit crunch on economic growth.  These are all issues of paramount concern.  But it’s important not to forget the negative longer-term effects