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Cameron makes tax pledge in conference speech

David Cameron pledged to raise the threshold for the 40p income tax rate from £41,900 to £50,000 over the course of the next parliament.

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How many new homes are the Tories and Labour pledging to build?

David Cameron has pledged to build 100,000 new homes for young first-time buyers at discounted prices if the Conservatives win the next General Election in May.

David Cameron has pledged a Tory government would build 100,000 homes for first time buyers. Credit: ITV News

Meanwhile, Labour has vowed to build 200,000 new homes a year by 2020 and said the Prime Minister has presided over the lowest level of house building in peacetime Britain since the 1920s.

Both the Conservative and Labour's housing pledges still fall short of charity Shelter's calls for 250,000 new homes to be built a year.

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