UK Budget 2010 - View From the City

LONDON, March 23, 2010 /PRNewswire/ -- In the lead-up to tomorrow's budget, the last before the next general election, broadcaster http://www.cantos.com asked several financial experts what they'd like to see Chancellor Alistair Darling pull out of his red box.

While doom-mongers predict an economic apocalypse for the UK, Michael Baxter, editor of Investment and Business News, gives a more optimistic interpretation of the data. Providing Mr Darling doesn't do "anything silly" on Wednesday, the UK's deficit should be fundable in the short and medium term and the weakness of sterling will boost exports.

Matterley fund manager George Godber assesses how the UK market is likely to be impacted by a politically-motivated budget. He also explains how there could be a silver lining to a hung parliament in the forthcoming election.

James Hughes, market analyst at CMC Markets, says only strong words from Mr Darling will galvanise both voters and the markets and bolster what he describes as a "nervous" pound.

    The interviews are available now at
http://www.cantos.com/features/Cantos+News/project/6083/term/cantos%20news.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44-207-936-1352.

SOURCE Cantos Communications Limited