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| Version 0 | Version 1 |
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| Tories would 'save up' tax cuts | Tories would 'save up' tax cuts |
| (about 9 hours later) | |
| A Conservative government could hold tax cuts for a first term to build up reserves for a "bonus" offer to secure a second term, a shadow minister said. | A Conservative government could hold tax cuts for a first term to build up reserves for a "bonus" offer to secure a second term, a shadow minister said. |
| Philip Hammond, shadow Treasury chief secretary, told the Sunday Telegraph money would be given away in tax cuts "when the money's piled up in the pot." | Philip Hammond, shadow Treasury chief secretary, told the Sunday Telegraph money would be given away in tax cuts "when the money's piled up in the pot." |
| He added: "You can't look at it in a single year, or even necessarily in a four-year parliament." | He added: "You can't look at it in a single year, or even necessarily in a four-year parliament." |
| A YouGov poll has placed the Tories 16 points ahead of Labour. | A YouGov poll has placed the Tories 16 points ahead of Labour. |
| There is not going to be some magic pot of money waiting for us when the next Conservative government is elected Philip Hammond | There is not going to be some magic pot of money waiting for us when the next Conservative government is elected Philip Hammond |
| Conservative party leader David Cameron has so far resisted pledging up-front reductions. | Conservative party leader David Cameron has so far resisted pledging up-front reductions. |
| Mr Hammond said saving up a reserve to offer later would be "the great bonus of the second election". | Mr Hammond said saving up a reserve to offer later would be "the great bonus of the second election". |
| 'Eliminate waste' | 'Eliminate waste' |
| He said: "We will make the savings, we will eliminate the waste and we will pile up the reserve so that at the following election, or before the following election we are able to show people where we will make the tax cuts." | He said: "We will make the savings, we will eliminate the waste and we will pile up the reserve so that at the following election, or before the following election we are able to show people where we will make the tax cuts." |
| In a speech to the Tory spring forum in Gateshead, Mr Cameron said: "There is not going to be some magic pot of money waiting for us when the next Conservative government is elected. | In a speech to the Tory spring forum in Gateshead, Mr Cameron said: "There is not going to be some magic pot of money waiting for us when the next Conservative government is elected. |
| "So we need to get used to saying 'no' more often than 'yes'." | "So we need to get used to saying 'no' more often than 'yes'." |
| His views were echoed by Shadow Foreign Secretary William Hague on BBC1's Andrew Marr Show. | |
| Mr Hague said: "We are not going to be a government that says 'oh, there's an election coming up so now we must have tax cuts even if the nation can't afford them'. | |
| "But we are going to be a government that says that over the long term, overan economic cycle, we are trying to reduce the burden of tax on people." | |
| Mr Cameron also set out his vision for a "family friendly" Britain. | Mr Cameron also set out his vision for a "family friendly" Britain. |
| Being family friendly was not just about tax and benefits, but also making the UK a better place to bring up children, he said. | Being family friendly was not just about tax and benefits, but also making the UK a better place to bring up children, he said. |
| A YouGov poll for the Sunday Times suggested a two-point slump for Labour to 27% with the Tories on 43%. | A YouGov poll for the Sunday Times suggested a two-point slump for Labour to 27% with the Tories on 43%. |
| An ICM poll for the News of the World suggested the Tories had gained three points to 40% with Labour down three at 31% and the Liberal Democrats down one at 20%. | An ICM poll for the News of the World suggested the Tories had gained three points to 40% with Labour down three at 31% and the Liberal Democrats down one at 20%. |