Labour

A ‘mansion tax' on all homes worth more than £2m would cost the owners as much as £36,000 a year on average, according to Whitehall analysis.

State pensions will face a cap under Labour should the party win the next election, shadow chancellor Ed Balls has said.

TRUST ME

Financial services will never rebuild trust with consumers or affect a change in the sector unless custodial sentences are imposed on those guilty of criminal wrongdoing, Chuka Umunna, shadow business secretary has said.

Changes to income tax that came into effect over the weekend will make work pay, according to Lib Dem minister Danny Alexander.

Labour's Ed Balls has called on the Chancellor to make a swift economic U-turn following yesterday's Budget speech.

Labour has been accused of playing "cynical party games" ahead of a House of Commons debate and vote on plans for a ‘mansion tax'.

A group of Conservative MPs are set to publicly warn that a radical change of economic strategy is essential to revive the economy, the Telegraph reports.

Labour will re-introduce a 10p starting rate of tax if it wins the next general election, paid for by a new ‘mansion tax' on £2m properties, Ed Miliband said today.

Labour leader Ed Miliband is set to condemn the government's decision to scrap the 50p tax rate in a wide critique of the coalition's economic policies, as the political battle lines are drawn ahead of next month's Budget.