Tory MPs put pressure on George Osborne to cut taxes

In the first sign of Tory division over the government's economic plans, senior backbencher David Ruffley suggested some MPs wanted the Chancellor to take an axe to taxes even if it took the UK further into the red, according to the Daily Mail. Treasury Chief Secretary Danny Alexander revealed ministers are to shift billions of pounds of unspent government cash into funding infrastructure projects in a bid to boost growth. The growing unease came despite fresh signs of market support for the coalition's deficit reduction plans. Yesterday the UK's cost of borrowing fell below Germany's...