Labour fears Osborne tax cut 'give-away'
The Times reports that the Chancellor could bring forward proposals to raise the level at which National Insurance is raised, a cut for most people.
The move would present a conundrum to Labour who have already laid out some details of their spending plans.
The Chancellor would fund the move with a raid on pension savings made by top earners.
Last week, Ed Miliband's proposed tuition fees cut, to be funded by a pensions grab, was criticised for benefiting wealthier students. Mr Osborne's proposal is said would benefit the lowest paid most.