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Osborne dismisses plan to change child benefit

Chancellor George Osborne has dismissed reports that the Conservatives are backing plans to stop families claiming child benefit for more than four children.

Mr Osborne repeatedly told ITV's Good Morning Britain (GMB) that there were "no plans" to adopt the policy put forward by the right-of-centre think tank Policy Exchange.

Asked if he was considering the think tank proposals, Mr Osborne told GMB "We don't have any plans to do that".

The proposal comes after child benefit was means tested for the first time last year, reducing access to the benefit for those households where one parent earns over £50,000 and ending it altogether when this reaches £60,000.