MPs slam ‘unrealistic’ Budget forecasts

View an online version of this email here.  All times are London time: Wednesday May 06 2009 Breaking news MPs slam 'unrealistic' Budget forecasts Government forecasts in the Budget that the recession would end this year and the economy would rebound came under attack as not "realistic" on Wednesday from the Labour-controlled Treasury select committee. The bipartisan committee, which monitors economic policy, also questioned the rules restricting public spending and the effectiveness of the new higher tax rate of 50 per cent, while warning that the government was set to miss its target of halving child poverty by 2011. Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.