Osborne shuns Parliament as he announces ANOTHER budget to rush through Tory pledges
GEORGE Osborne has taken the highly unusual step of announcing a surprise budget to rush through new Tory pledges in a newspaper before telling MPs.
George Osborne has promised to turn the Tories' election promises "into a reality"
The Chancellor will now spell out how the newly-elected majority Conservative government will balance the books and reform welfare on July 8.
Osborne revealed that the budget would reward "working people" as the party makes a bid to turn their promises "into a reality".
Announcing the date in a newspaper ahead of Parliament's sitting later this month, he said: "On July 8 I am going to take the unusual step of having a second Budget of the year - because I don't want to wait to turn the promises we made in the election into a reality."
The last Budget was held in March and included tax cuts for first-time house buyers.
This summer's Budget is being branded as a "one nation" package to help spread the benefits of economic recovery across the country.
David Cameron's party will slash the welfare bill
We will protect the NHS and give it more funding each and every year
He said: "We will protect the NHS and give it more funding each and every year, while making savings across Whitehall.
"We'll crack down hard on tax avoidance and aggressive tax planning by the rich – because everyone should pay their fair share."
Mr Osborne promised to "protect the most vulnerable" – but will shave £12 billion a year from the welfare bill.
He added: "If you can work you should be working, so we'll take the next steps in our benefit reforms to make sure that happens."