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George Osborne digging a big Budget hole
Podcast #19: The unravelling Budget 2012?

This is, it’s now clear, George Osborne’s least politically astute Budget. It will be remembered as the year in which the 50p rate forcing the top one per cent to pay their fair share was replaced by the ‘granny tax’, stripping working pensioners of income tax relief. That strikes the majority of the public as fundamentally unfair.