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Alistair Darling set to announce the worst budget deficit since World War II

The UK budget on 22 April will see Alistair Darling announce a massive increase in government borrowing to nearly £175 billion over the next two years. This is way beyond his initial forecasts only six months ago and is set to see UK taxpayer pay the price for years to come. This will be the worst budget deficit since World War II and could prove something of a drag on a potential recovery in the UK economy.

Yet again it looks as though Alistair Darling will be the one taking the flak on behalf of the government when he announces his budget on 22 April. Time and time again Gordon Brown has stepped forward with the good news and the rescue packages leaving Alistair Darling, his former close friend, to announce the difficult information and take the criticism of voters and economists alike.

Even though this is unlikely to be Alistair Darling's final budget, with expectations he will still be around to announce budgets in November 2009 and April 2010, even if the UK government retain power after the next general election he is expected to be shown the door. The UK finances are in disarray, national debt could reach £3 billion and the economy, whilst showing signs of recovery over the last few weeks, is still in very choppy waters.

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