Chancellor George Osborne is expected to rule out the possibility of a formal currency union between the UK and Scotland, if the Scottish people vote for independence in the referendum on the 18th September.
The Tories have been happy to attack the Labour plan to increase the top rate of income tax back to 50p, but George Osborne today refused to rule out cutting the top rate of tax again to 40p.
The UK economy grew by 1.9% in 2013, the fastest growth rate since 2007, according to the latest figures from the Office of National Statistics (ONS).
Chancellor George Osborne has said that he supports a rise in the minimum wage to £7 per hour as proposed by the Low Pay Commission.
Chancellor George Osborne has warned against a rise in the minimum wage by 50p, claiming it could “cost jobs”.