Lib Dem shadow chancellor Vince Cable has criticised the tax plans of his Tory counterpart, George Osborne:

“Any expectation that the Conservatives had a radical and meaningful plan for fairer taxes has been blown out of the water with this utterly feeble set of half promises and unfunded commitments.

“The Tories have apparently made a large open-ended commitment without explaining how it will be paid for.

“They have borrowed from the Liberal Democrats the idea of taking action on non-domicile residents in the UK, but their proposal is completely inadequate and seems to be entirely voluntary.”