BUDGET 2008: Darling says Britons remain confident in UK economy

Chancellor Alistair Darling says in his maiden Budget that despite the worst financial circumstances in generations confidence in the British economy has been maintained.

Darling says that today the UK is at it’s most stable with fundementals like unemployment ranking lower than other EU nations.

He says the UK is “More resiliant and more prepared to deal with global shocks.”

Darling has reduced the growth forecast 2.25% from 2.75%.