Ten Things You Need to Know Today: Saturday 22 Apr 2017

1. Hammond hints that Tories may break tax pledge

Philip Hammond has signalled that the Conservatives may abandon their election pledge not to raise income tax, National Insurance or VAT. Speaking at to the International Monetary Fund in Washington, the Chancellor said the 2015 pledge "constrained" the Government's ability to manage the economy effectively and that he needed more "flexibility". Meanwhile, Theresa May has ruled out cuts to the UK’s foreign aid budget.

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