Alistair Darling will face the latest tricky engagement of what has been a tough few months when he addresses business leaders.
Alistair Darling will face the latest tricky engagement of what has been a tough few months when he addresses business leaders.
On Monday, Gordon Brown told the CBI conference that he would continue to "listen and discuss" the thorny issue of capital gains tax reform.
On Monday, Gordon Brown told the CBI conference that he would continue to "listen and discuss" the thorny issue of capital gains tax reform.
Mr Darling plans reforms to the tax that will lead to some people's bills rising from 10% of gains to 18%.
Mr Darling plans reforms to the tax that will lead to some people's bills rising from 10% of gains to 18%.
The CBI says that will penalise small businesses and entrepreneurs.
The CBI says that will penalise small businesses and entrepreneurs.
The simplification of the capital gains tax system was supposed to allow the Treasury to raise more money from the very wealthy people who run private equity firms.
The simplification of the capital gains tax system was supposed to allow the Treasury to raise more money from the very wealthy people who run private equity firms.
Last year Mr Cameron went to Iraq instead of the CBI
Last year Mr Cameron went to Iraq instead of the CBI
Conservative leader David Cameron will raise the heat on Mr Darling when he addresses the same conference.
Conservative leader David Cameron will raise the heat on Mr Darling when he addresses the same conference.
He is expected to call on the chancellor to admit he has made a mistake and abandon or radically alter his plans.
He is expected to call on the chancellor to admit he has made a mistake and abandon or radically alter his plans.
He will say that confusion about the government's intentions has left entrepreneurs and investors in the dark.
He will say that confusion about the government's intentions has left entrepreneurs and investors in the dark.
But Mr Cameron also needs to go on a charm offensive with CBI members, many of whom were offended this time last year when he cancelled his engagement to speak at their conference to visit troops in Iraq.
But Mr Cameron also needs to go on a charm offensive with CBI members, many of whom were offended this time last year when he cancelled his engagement to speak at their conference to visit troops in Iraq.
Mr Darling's speech comes as the Labour Party investigates who knew that David Abrahams, a property developer from the North East of England, had donated almost £600,000 to the party through associates.
Mr Darling's speech comes as the Labour Party investigates who knew that David Abrahams, a property developer from the North East of England, had donated almost £600,000 to the party through associates.
Mr Brown is sure to face questions about that at his monthly news conference, as well as the news revealed by Mr Darling last week that HM Revenue and Customs had lost the records of millions of Child Benefit claimants.
Mr Brown is sure to face questions about that at his monthly news conference, as well as the news revealed by Mr Darling last week that HM Revenue and Customs had lost the records of millions of Child Benefit claimants.
In addition, despite the naming of Virgin as the preferred bidder for Northern Rock, there is no sign that the government's loans to the troubled bank will be paid back in full soon.
In addition, despite the naming of Virgin as the preferred bidder for Northern Rock, there is no sign that the government's loans to the troubled bank will be paid back in full soon.
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