[Pounds Sterling]20bn Spree Was Not Enough, Says Darling; Alistair Darling: Poll Setback
Byline: Benedict Brogan
ALISTAIR Darling admitted yesterday that the Treasury will have to pump more money into the economy to tackle the recession.
His candid assessment came as doubts about his recovery plan intensified.
It will dismay those who hoped last week's [pounds sterling]20billion giveaway would mark a turning point. And it will fuel Tory claims that the Government has pencilled in steep rises in VAT after the next General Election.
Tessa Jowell, meanwhile, became the first senior minister to admit 'justifiable anxiety' about tax rises on high earners in 2011. The Olympics minister said the new 45p rate should not become the 'thin end …
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Publication information: Article title: [Pounds Sterling]20bn Spree Was Not Enough, Says Darling; Alistair Darling: Poll Setback. Contributors: Not available. Newspaper title: Daily Mail (London). Publication date: December 1, 2008. Page number: 4. © 2007 Daily Mail. COPYRIGHT 2008 Gale Group.
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