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Lib Dems claim Tories will have to make cuts to meet tax pledges

Nick Clegg has said the Conservative party have no way to meet their tax pledges on raising the personal allowance to £12,500 without doing, "what Tories do best - cut."

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Cameron: Cutting top rate of tax 'not our policy'

David Cameron has said cutting the top rate of tax is "not our policy" after the Chancellor failed to rule out further help for top earners if the Conservatives win the next election.

The Prime Minister said, "It's not our policy, it's not our plan. Our plan is to raise to £12,500 the basic rate threshold so that we take another million people out of income tax all together and cut tax for 30 million people

"Those are our plans and they're the ones we'll pursue," he added.

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