Within an interview for The Sunday Times George Osborne hints at a trio of tax cut pledges in the new year. The Sunday Times’ Jonathan Oliver summarises them here but they appear to be tax measures for pensioners (the subject of a Telegraph campaign), savers and also a commitment to reverse Labour’s 1% NI increase. Mr Osborne promises that the tax cuts will be paid for by a combination of spending restraint and other tax rises – not by extra borrowing.
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