'Two million more' paying 40p rate under coalition

The number of people paying the higher rate of tax has soared by two million since the coalition government took power, according to the Institute for Fiscal Studies (IFS).

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Govt has squeezed the (upper) middle: IFS says number of people paying 40p rate income tax now 5.3m up from 3.3m in 2010

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Osborne: Budget for 'makers, doers and savers'

The Chancellor George Osborne has unveiled measures to benefit pensioners and savers in his penultimate Budget before the election. But he has warned Britain is still set to face years of austerity, despite improved economic forecasts.