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George Osborne defends Remain camp's 'scare tactics'

Chancellor George Osborne has defended the so-called 'scare tactics' employed by the Remain camp to convince Britain to vote to stay in the European Union.

Speaking to ITV News Mr Osborne said that "the British people want the facts" adding: "There is an overwhelming view from those around the world...which is we would be worse off outside the EU and stronger, better off inside the EU."

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A day of revelations: UK politicians open up their finances

It has been a day of revelations, with some of the UK's most high-profile politicians offering the public a glimpse into their tax affairs.

Chancellor George Osborne released his figures from last year, showing that he earned a taxable income of £198,738 and paid £72,210 in tax.

London Mayor Boris Johnson published four years of records, revealing a total taxable income of £612,583. He paid £260,621 in tax.

Labour leader Jeremy Corbyn revealed that he earned a total taxable income of £72,645 and earned an extra £1,850 from other income sources. He paid £18,912 in tax.

ITV News' Julie Etchingham reports:

PM and chancellor 'should publish full tax return'

Shadow Chancellor John McDonnell Credit: PA

The prime minister nor the chancellor have published their full tax return but just a summary that leaves more questions, the shadow chancellor said.

Chancellor George Osborne published his tax return after the prime minister urged him too amid a row over his personal finances.

This has been a distraction not a true disclosure. Neither the Prime Minister nor the Chancellor has published their full tax return like myself or the Leader of the Labour Party.

Instead they have provided a summary that leaves more questions than answers, which strikes me as an odd approach and is as transparent as dish water.

– Shadow Chancellor John McDonnell

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Campaigners hold protest in House of Commons lobby

Around 20 disability campaigners have unfurled banners and shouted slogans in the lobby of the House of Commons over the Government's cuts to benefits.

The protest took place as MPs were in the main Chamber for Prime Minister's Questions.

The demonstrators chanted "No more death from benefit cuts" and brandished a banner asking "Is this how 2 treat disabled people?"

Police officers lined up to prevent any attempt by the protesters to gain access to the Commons chamber but there was no immediate attempt to remove them.

Chancellor's Budget clears first Commons hurdle

Mr Osborne admitted the now-scrapped disability payment cuts were a 'mistake' Credit: PA

Chancellor George Osborne's Budget has clearer is first parliamentary hurdle, despite a more than £4 billion hole left following his U-turn on disability benefit cuts.

Despite the highly charged debate over the Budget that has developed in recent days, the government won today's main vote on Budget resolutions by 310 votes to 275.

A series of specific budget resolutions, including the cut in capital gains tax, were also passed.

Mr Osborne admitted the now-scrapped disability payment cuts were a "mistake", but stressed that public finances had to be brought under control.

Osborne vows to maintain 'decent, generous' state pension

George Osborne has insisted that he will not cut the state pension as he looks to plug a £4 billion 'black hole' in his Budget.

During a debate with MPs, the Chancellor reiterated the Government currently has no plans to make further welfare savings to replace the continued PIP spending.

But he launched a defence of the benefits available to pensioners amid suggestions they need to be reduced to spread the impact of the cuts.

John McDonnell: Chancellor is 'unfit' for leading office

Labour's John McDonnell has said George Osborne is "unfit" for any leading office in government for his "grubby manipulations" in response to his disability benefit U-turn.

Speaking to MPs during the Budget debate, the Shadow Chancellor said the Tory budget process is in "absolute chaos" and urged the Government to rip up its fiscal plan and start again.

"PIPs are the benefits that for many disabled people actually make life worth living."

He added: "The Chancellor was willing to cut away this vital support to some of the poorest and most disadvantaged people of our community. Do not tell us we're all in this together."

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