This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/7801689.stm

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
Tories 'may unveil tax cut plans' Tories 'may unveil tax cut plans'
(about 23 hours later)
The Conservatives would cut taxes if they won the next General Election, the shadow chancellor has suggested. The Conservatives would cut taxes if they won the next general election, the shadow chancellor has suggested.
In a Sunday Times interview, George Osborne indicated a Tory government would not implement Labour's planned increase in National Insurance in 2011.In a Sunday Times interview, George Osborne indicated a Tory government would not implement Labour's planned increase in National Insurance in 2011.
He also suggested he would aim to cut income tax on savings and the tax burden on the over-65s.He also suggested he would aim to cut income tax on savings and the tax burden on the over-65s.
His remarks hint at a change of tack for the Tories who had said the credit crunch forced tax cuts off the agenda. But Secretary to the Treasury Angela Eagle accused Mr Osborne of trying to "grab headlines" with "empty promises".
The Tories have trailed Gordon Brown and the Chancellor Alistair Darling in polls ranking economic competence despite the downturn, and been taunted by Labour of being the "do nothing" party.The Tories have trailed Gordon Brown and the Chancellor Alistair Darling in polls ranking economic competence despite the downturn, and been taunted by Labour of being the "do nothing" party.
But in the New Year, the party are expected to fight back to try to regain the initiative. But in the New Year, the party is expected to fight back to try to regain the initiative.
In the interview with the paper, Mr Osborne accused Labour of turning Britain into the "sick man of Europe". It is a tax on jobs at a time of high unemployment George Osborne, Shadow Chancellor National Insurance
He said if the Conservatives came to power, any tax cuts would be paid for by curbs on public spending or increases in other taxes, unlike the government's fiscal stimulus. The shadow chancellor's remarks hint at a change of tack for the Tories who had said the credit crunch forced tax cuts off the agenda.
He told the Sunday Times: "My priority is to try to reverse the increase in National insurance because it is a tax that affects the vast majority of people in Britain. In the interview, Mr Osborne accused Labour of turning Britain into the "sick man of Europe".
He said if the Conservatives came to power, any tax cuts would be paid for by curbs on public spending or increases in other taxes, unlike the government's fiscal stimulus. The Conservatives still intend to do nothing to give real help now to families Angela Eagle Exchequer Secretary to the Treasury
The government has also proposed a 1% rise in National Insurance contributions for employers and employees.
But Mr Osborne told the Sunday Times: "My priority is to try to reverse the increase in National insurance because it is a tax that affects the vast majority of people in Britain.
"It is a tax on jobs at a time of high unemployment. It is a tax on incomes at a time when people will be under severe strain.""It is a tax on jobs at a time of high unemployment. It is a tax on incomes at a time when people will be under severe strain."
The government has proposed a 1% rise in National Insurance contributions for employers and employees. Ms Eagle hit back at the remarks, accusing the Tories of opposing measures aimed at helping those who are struggling.
"George Osborne is happy to try to grab headlines with vague talk about tax cuts but as usual he can't say anything about how he would pay for them," she said.
"The truth is these are just empty promises from the Tories. All that Osborne has confirmed today is that the Conservatives still intend to do nothing to give real help now to families.
"It says something about their inability to move on from their 1980s ideology that they regard real help now - such as the £60 for pensioners, and the child benefit and child tax credit increases brought forward to 1 January - as state intervention to be opposed."
BBC political correspondent Iain Watson said Mr Osborne had chosen his words carefully to allow for some "wriggle room".BBC political correspondent Iain Watson said Mr Osborne had chosen his words carefully to allow for some "wriggle room".
But if the Conservatives do announce plans to cut taxes, it could mean the next General Election would be fought on familiar territory, our correspondent added.But if the Conservatives do announce plans to cut taxes, it could mean the next General Election would be fought on familiar territory, our correspondent added.