- 11 updates
The Chancellor George Osborne has attacked Labour proposals for a mansion tax as a "tax con" during an appearance on ITV's The Agenda.
Last week Labour leader Ed Miliband and shadow chancellor Ed Balls announced the proposals to put a levy on £2 million-plus homes**, which they said would go towards paying for a 10p income tax rate.
Mr Osborne, though, rejected such a policy, telling the programme:
The Agenda with Tom Bradby will be broadcast on ITV at 10.35pm tonight.
Latest ITV News reports
George Osborne and Nick Clegg's response to Labour's promotion of a "mansion tax" appears to have revealed a clear split in the Coalition.