UK Chancellor of the Exchequer, Alistair Darling releases 2008 budget
The UK Chancellor of the Exchequer, Alistair Darling, has revealed the 2008 budget, which he describes as a "responsible Budget to secure Britain’s stability in the face of global uncertainty." The budget report showed that the government expenditure for 2008 was higher than the total government funds, meaning that the governments debt has increased over this financial year. The budget report mentioned a increase in fuel duty. The budget report said that "the planned fuel duty increase of 2 pence per litre in April 2008 will now be postponed
Source: Wikinews