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Tories to outline long term care proposals

The Conservative Party is set to revive its pre-election plan for an optional insurance scheme to cover long term care according to the Financial Times.


The scheme proposes the elderly are offered insurance on assets usually their home which insures them against having to sell up to meet their care costs.


The FT says the proposals will be hammered out during a two day shadow policy summit which will also discuss cutting the basic rate of income tax to 10 per cent from the current 20 per cent.


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