Pre-Budget Report 2008 LIVE (part three)

Making it easier to raise credit with a £100Billion guarantee. Good stuff.

Why when Darling mentions this being a global problem do the Tories get excited? Do they watch the news? Much as I’m sure they’d like to believe it’s all the fault of the Government, only an idiot would fall for that line.

Darling’s lining them up nicely with the bad news. Low growth, share prices fallen but at least lower interest rates are helping home owners (morgagees) with monthly payments.