In the direct aftermath of the Conservative Party Conference, and in the shadow of downwardly revised growth predictions for the national economy, Gordon Browns toy chancellor steps up to the box tomorrow to deliver his first pre-budget report (PBR). Analysts and commentators have been eagerly envisaging just what Darling will deliver: heres a run-down of what we at Accounting Web feel might prove the more perceptive predictions.
Shadow chancellor George Osborne may have scored political points with his proposed 1 million threshold, but it was something of an open goalmouth. In indomitable Brown fashion, policy on this issue has already been dictated: the Finance Acts 2006 and 2007 committed the government to a gradual increase to 350,000 by 2011.
Gordon Brown has effec...