Osborne: Treasury did not leak Budget details

Speaking to the Treasury Select Committee, he said no minister in his office disclosed information about changes to tax allowances ahead of his Budget earlier this month, reports the BBC. In perhaps the most leaked Budget of all time, major tax changes - including the headline reduction in the top rate of tax from 50p to 45p - were well known in advance of Osborne's presentation to the House of Commons. Osborne said he did not know how the media got hold of the details. The 50p tax rate was the most controversial aspect of this year's Budget, which Osborne claimed delivered a set o...