Alistair Darling
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Budget 2012: UK needs confidence, says Alistair Darling

The UK economy will grow more quickly this year than previously forecast, Chancellor George Osborne has said.

The independent Office for Budget Responsibility (OBR) forecasts growth of 0.8% in 2012, compared with its autumn estimate of 0.7%.

But former Labour chancellor Alistair Darling said the forecast level of growth was "miserable".

"Confidence is what we need to get back," he said.

  • 21 Mar 2012