Chancellor admits to Tory failure with budget that benefits the rich, says Wolverhampton MP Pat McFadden
Labour has accused the Government of admitting to "12 years of Tory failure" as the Chancellor announced the biggest tax cuts in half a century.
Shadow Chief Secretary to the Treasury Pat McFadden said he had never seen a Chancellor "so comprehensively trash" his own Government by describing its record as a "vicious cycle of stagnation".