It was one of the most politically self-conscious pre-Budget reports we've seen for years: dubbed a 'pre-election report' by shadow chancellor George Osborne, Alistair Darling's delivery certainly marked the beginning of a fierce election campaign.
But what will it mean for small businesses? Experts had predicted the pre-Budget report would contain a raft of measures which, given the likelihood of the Conservatives coming into power halfway through next year, were unlikely to come to fruition. Here's our round-up of the measures announced today:
So there we go, mixed news from Westminster. The battle lines, though, have just been drawn. Expect things to hot up over the next few months.