PM rules out tax cut pledge but says 'economy healing'

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David Cameron has refused to rule out future tax rises but says his overall aim is to "give people back some of their hard earned money" as economic conditions improve, the BBC reports.

Cameron said no leader could give "blanket assurance" on tax increases but added reducing people's taxes was what "drives" him as a Conservative. The comments come after Chancellor George Osborne recently said further tax rises would not be necessary after 2015. Osborne also said the Conservative Party's approach on tax would differ from both Labour and the Liberal Democrats. Speaking on the BBC's Andrew Marr show the PM said the coalition had struck the right balance between spending cuts and tax rises.  And backed the Chancellor's position on tax hikes after 2015. However, he ...

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