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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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Labour claims 'millions pay more' under the Tories

Labour has unveiled a new General Election poster with the claim that under a Conservative government "millions pay more, millionaires pay less".

Labour's Treasury spokesman Ed Balls launched the poster, citing figures from the Institute for Fiscal Studies that suggest families are an average £1,100 worse-off as a result of tax and benefit changes under the coalition Government.

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