Cameron's tax set-up 'private'

David Cameron has come under pressure to reveal whether he will benefit from the cut in the 50p tax rate on earnings over £150,000 announced by Chancellor George Osborne in the Budget.

Labour MPs demanded a list of Cabinet members who will benefit from what they have branded "a budget for millionaires", after Mr Osborne revealed that he does not personally pay the 50p rate, despite having a salary of £134,565, rental income from a property in London and a shareholding in his family's wallpaper firm.