Budget: Osborne unveils home-building plans
George Osborne reveals an extension of the Help to Buy scheme and plans for new garden city with 15,000 new homes.
George Osborne reveals an extension of the Help to Buy scheme and plans for new garden city with 15,000 new homes.
Former Conservative Chancellor Lord Lamont has told ITV News George Osborne should raise the threshold at which workers pay 40% income tax.
He said that some the current threshold was meaning some "not very well off" workers such as teachers, nurses and train drivers are being "caught" by the higher rate.
Lord Lamont added that he hoped a pledge to raise the threshold would be included in the next Conservative Party manifesto.
What George Osborne is offering is hope. Less clear is whether it will be enough to provide the strong growth the economy still needs.
After George Osborne announced plans to build 15,000 homes in Ebbsfleet, here's what you need to know about Britain's new garden city.
George Osborne presents a bleak picture his likely announcement's next week in the budget, suggesting more work to be done on the economy.