Miliband announces plan to reintroduce 10p tax band

Ed Miliband has called for the 10p rate of income tax to be brought back.

The Labour leader insisted reintroducing the band - controversially scrapped by Gordon Brown - would make society fairer.

He said the move could be funded by a new "mansion tax" on homes worth more than £2 million.

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Miliband calls for 10p tax rate

The Labour leader Ed Miliband has said he would use the next Budget to bring back the 10p rate of income tax, paid for by a "mansion tax" on homes worth more than £2m. The 10p tax band was controversially scrapped by Gordon Brown.