Iain Duncan Smith resigns from cabinet

Iain Duncan Smith resigned from the Cabinet last night in protest at George Osborne's cuts to disability benefits whilst cutting taxes for the better off.

The now former Secretary of State for Work & Pensions said that while benefit cuts are legitimate in order to cut the deficit, cutting disability benefits at the same time as reducing the tax burden on high earners. He had wanted high earning pensioners to take their fair share of cuts but Osborne wouldn't risk upsetting the rich pensioners who make up a big chunk of their membership.

He has been replaced by expenses trougher and europhile Stephen Crabb.