Commenting on George Osborne’s repeated refusal to answer why he had prioritised hedge funds this morning, shadow Exchequer Secretary Shabana Mahmood, said:

“George Osborne and David Cameron don’t like to admit that their priority has been to help a few at the top. But the Tories’ election campaign relies on the tens of millions they have received from hedge funds, who have been given a £145 million tax cut.

"Our country succeeds when working families succeed, but the Tories don’t understand this and instead stand up only for a few. 

"Labour is clear who we stand up for - we’ll reverse his hedge fund tax cut to help scrap the bedroom tax and we’ll use the money raised from stamp duty avoidance to invest in the NHS." 

Ends

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