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| Version 0 | Version 1 |
|---|---|
| Osborne unveiling cuts proposals | Osborne unveiling cuts proposals |
| (10 minutes later) | |
| Shadow chancellor George Osborne is unveiling a series of tough proposals to tackle Britain's budget deficit in a speech to the Tory annual conference. | Shadow chancellor George Osborne is unveiling a series of tough proposals to tackle Britain's budget deficit in a speech to the Tory annual conference. |
| He is setting out a package of spending cuts and tax changes the Tories would introduce if they win power. | |
| He will stress that the whole country is in "in it together" and the rich must take their share of the pain. | He will stress that the whole country is in "in it together" and the rich must take their share of the pain. |
| He has already announced proposals to raise the state retirement age, up to ten years earlier than planned. | He has already announced proposals to raise the state retirement age, up to ten years earlier than planned. |
| In a series of measures that are likely to form the backbone of the Conservative election manifesto, Mr Osborne proposed a crackdown on the pay of government ministers, which will be frozen for the life of the Parliament. | |
| He also proposed curbs on "excessive salaries at the top of Whitehall". | |
| Any new public employee with a salary greater than the level of the prime minister will need special permission from the Treasury. | |
| He also vowed to cut the cost of Whitehall - proposing to slash budgets by a third during the lifetime of Parliament. |