BBC News
Launch consoleBBC NEWS CHANNEL
Page last updated at 12:01 GMT, Saturday, 10 January 2009

Web extra: Tory tax plans

George Osborne
The Conservatives say savers are "innocent victims" of the downturn

As savings rates plunge, the Conservative Party has outlined plans to offer 4bn in tax cuts for savers and pensioners.

If in power, the party would scrap taxes paid by basic rate taxpayers on savings interest and raise the level of non-taxable income for pensioners by 2,000 a year.

The measures would be funded by lower public spending.

The shadow chancellor, George Osborne, explains their proposals in detail.

Further information/related stories:




Money Box


SEARCH MONEY BOX:
 

Podcast

Download or subscribe to this programme's podcast

Podcast Help




FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

banner watch listen bbc sport Americas Africa Europe Middle East South Asia Asia Pacific