Budget 2008: Sending out a message
From our UK edition
As Dr Oliver Hartwich outlined on Coffee House yesterday, The Treasury doesn't have much room for manoeuvre ahead of Wednesday's Budget. In short: it's down to our economy being taxed, spent and borrowed up to the hilt. Even shorter: it's down to Gordon Brown's decade as Chancellor. What, then, can Alistair Darling use the Budget for? He'd have found some inspiration at the pre-Budget event organised by the British Bankers' Association (BBA) and the think-tank Reform this morning. As the chief executive of the BBA, Angela Knight, put it: this Budget shouldn't be about tweaking, twitching or changing - there's no space for that. Instead, it should be about "sending out a message".