Osborne's cheap childcare: is it fair?

Sarah Coles
George Osborne
George Osborne

AP

Rumours abound that George Osborne has a plan to make the Conservatives popular among women and families in one fell swoop. Forget the cuts in tax credits, overlook the axed child benefit, because Osborne wants to make childcare tax deductible.

The move could save families thousands of pounds a year, but is this the right thing to do?