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.
George Osborne has refused to be drawn on calls to cut the 40p tax rate in real terms, despite facing pressure to help middle income earners being drawn into the higher levy.
The Chancellor told the Andrew Marr Show the government's plans are for a 1% rise in the threshold - a fall when inflation is factored in.
Mr Osborne was urged to raise the 40% tax threshold by former Conservative chancellor Lord Lawson earlier this week.
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.