Don't get too excited about this just yet. This report is the spin put on the story which was put out by another paper, which was based on unconfirmed reports that our Chancellor of the Exchequer will be going to announce in his Budget statement to Parliament on Wednesday 16th March. A word of caution though; British media always spends 2 or 3 weeks prior to our Budgets speculating about what may or may not be included, and very, very often get it completely wrong.
However, in recent years various ministers have found it necessary, and I've never really understood why, to leak or brief the media about what they are to shortly announce in Parliament. It certainly upsets the opposition parties in particular because it breaches Parliamentary convention, which is that government should always announce matters to Parliament before releasing the information to the public.
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