The Chancellor has explained the Government's U-turn on charitable tax relief:
"It is clear from our conversations with charities that any kind of cap could damage donations and, as I said at the Budget, that's not what we want at all. So we've listened.
"Frankly, at a time like this the Government is going to focus on the big issues like the worsening eurozone crisis and Britain's deficit, and not get distracted with unnecessary arguments.
"We're going to concentrate our efforts on what really matters: keeping Britain safe in the gathering storm."
Controversial plans to cap tax relief on charitable donations have been scrapped by Chancellor George Osborne.
This is another big Budget U-turn, this time on the charities tax.