Darling announces date for his pre-budget report

CHANCELLOR Alistair Darling will deliver his crucial pre-budget report on 9 December, drawing the battle lines for the general election.<br /><br />Darling said the PBR&rsquo;s first priority would be to continue to support the economy until the recovery is established, echoing the agreement of G20 finance ministers last weekend to keep fiscal stimulus in place. <br /><br />His next target is to restore the UK&rsquo;s fiscal position and reduce borrowing. The Treasury is scheduled to sell a record &pound;220bn of gilts in the financial year ending March, mostly due to the Bank of England&rsquo;s quantitative easing programme.<br /><br />The PRB is also expected to set out ambitious plans for driving future growth.