Tories pledge to raise death duty threshold

David Cameron has moved to seize the initiative in the General Election battle with a promise to end inheritance tax on properties worth up to £1 million.

Cameron hopes his announcement will provide a breakthrough. Picture: Getty
Cameron hopes his announcement will provide a breakthrough. Picture: Getty

Playing his biggest card of the campaign to date, the Prime Minister revived a Tory pledge from the 2010 election after it was blocked by the Liberal Democrats in coalition.

However, the Conservatives found themselves under pressure to say how they would pay for another key commitment to raise spending on the NHS in England by £8 billion a year by the end of the next parliament.