Osborne backs tax transparency for MPs

Press Association
George Osborne
George Osborne

A US-style system of top politicians' tax returns being published could be considered in the UK, George Osborne indicated as the issue of personal finances continued to dominate the London mayoral race.

The Chancellor told The Telegraph he was "very happy" for the Government to look at the move, and Business Secretary Vince Cable declared that he was prepared to be open about his personal finances.