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Tories table no confidence motion against the Chancellor

The Conservatives have tabled a motion of no confidence in Gordon Brown over his handling of occupational pensions, the first time the Chancellor has faced such a charge in office.

The Tories have tabled a motion of no confidence as the subject of today’s Opposition Day debate led by Shadow Chancellor George Osborne.

He says the debate has been arranged to call Brown to account over his decision to scrap advance corporation tax relief on pension scheme dividends in his 1997 Budget.

Osborne says: “This is Gordon Brown’s chance to explain why he sought to hide the dangers of his reckless raid on pensioners’ savings. After the revelations about the raid, how can anyone have confidence in his judgment? We shall see if the Chancellor has the political courage to apologise to the millions of pensioners affected”.

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