Osborne: OAP's 'getting biggest ever increase in state pension'

Chancellor George Osborne said OAP's are "getting the biggest ever increase in the state pension" as he looks to quell anger over the so-called "granny tax".

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'Hotchpotch' Budget attacked

The Chancellor's Budget calculations have been questioned by the respected independent economic analysts, the Institute for Fiscal Studies. It criticised the "hotchpotch" of reforms that it warned may fail to raise as much income as predicted.