There will be no tax rises in October budget, vows Taoiseach

Taoiseach Enda Kenny has made it clear to Labour there will be no tax rises in the October budget.

Mr Kenny joined forces with Michael Noonan, the finance minister, to sweep away any hope the party had to increase the universal social charge (USC) for top earners.

Refusing to be drawn on calls within Fine Gael to cut taxes in the budget, Mr Kenny said no measures had yet been decided.