11 Nov 2008

Brown raises tax cut speculation

6:19 am on 11 November 2008

British Prime Minister Gordon Brown has increased speculation he may cut taxes, saying he is looking "at everything" that could be done to help people through the economic downturn.

He told a the breakfast programme on Monday that tax changes were a matter for the pre-Budget report - which he said that it would be "in the next few days".

Both the Conservative Party and the Lib Dems have already promised tax cuts.

Meanwhile David Cameron is also set to outline on Tuesday Tory plans for tax cuts to help keep people in work.

Mr Brown said petrol duty had been frozen and people were already getting Stg120 back in their income tax.

World economies

Mr Brown said he was determined to get all countries around the world trying to get their economies moving again.

He said one way that can be done is by putting more money into the economy by tax cuts or rises in public spending.

Lib Dem leader Nick Clegg told the BBC other parties were "clambering on the bandwagon" as the Liberal Democrats had been advocating tax cuts for low and middle income earners for months.