Tories snub coalition partners by ruling out new tax

The Conservative leadership has ruled out Liberal Democrat demands for a so-called mansion tax and pledged to block the European Union’s budget if it does not suit the UK.

Prime Minister David Cameron and Chancellor George Osborne went on the offensive yesterday to rally the Tory faithful at the start of the party’s conference in Birmingham.

The pair have been under pressure, with the economy in recession and rivals Ukip and Labour flying high in the polls, particularly since Labour leader Ed Miliband’s well-received conference speech in Manchester last week.

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