Osborne wins a few friends

Jenna Towler
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The industry collectively breathed a sigh of relief when the youngest Chancellor in more than a century told the House of Commons he would work with them to avoid taking the red road towards curbing pension tax relief for high earners.

George Osborne took to the dispatch box with vigour and courted the nation with his plan to cut the bulging deficit. While the nation faces a 20% VAT bill for the foreseeable future, the industr...

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