Osborne: 'Biggest tax cuts in two decades'

British workers and businesses are to benefit from the "biggest tax cuts" to personal and business taxes in "two decades", says George Osborne.

Chancellor of the Exchequer George Osborne during his visit to the National Graphene Insitute. Credit: Lynne Cameron/PA Wire

He also said the benefit system will be more affordable and fairer, with Britain creating jobs faster than almost any country in the world.

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George Osborne to 'fight for full employment'

The Chancellor George Osborne has declared the Government will target "full employment" in a speech today. He added that unemployment was "never a price worth paying."