main points ofOsborne speech
n Higher rate taxpayers to be stripped of child benefit
n Maximum benefit payout capped for families
n Welfare state must make work pay
n Delaying action on deficit will build up bigger problems
n Ed Miliband and unions isolated on economic approach
n Income tax threshold to be increased further
n Banks face action if they don’t start lending again
n Armed forces will “get tools to finish the job”
n Protecting NHS budget is right thing to do