Economic secretary to the Treasury: Tories 'believe in reducing the tax burden'

Andrew Griffith, the economic secretary to the Treasury, insisted that the Tories believe in "reducing the tax burden" in the wake of new economic data.

A report by the Institute for Fiscal Studies (IFS) estimates that - by the time of the next general election - the tax burden will have risen to around 37% of national income.

Asked about this, Mr Griffith said: "As a Conservative, I think the economy runs best when it has stability, which is our focus right now. Bringing down inflation - which is a tax rise by another name".

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