Tories challenge chancellor to rule out tax cuts in budget – UK politics live

The Conservatives want to brand Burnham’s administration as a ‘traditional tax and spend socialist government’ Good morning. With less than six weeks so go until the budget, economics is rising up the agenda at Westminster. The Bank of England is announcing its latest interest rate decision later – Graeme Wearden will have all the details on his business live blog – and Andrew Griffith is giving his first major speech since being appointed as shadow chancellor just over two weeks ago.