10p tax rebellion
One of the leaders of the 10p tax rebellion has told me that he will not now try to defeat the government in the Commons tonight.
Greg Pope told me that it was never his intention to wreck the Budget as the chancellor has warned could happen (see my last entry).
Mr Pope says that it is up to his colleague Frank Field to decide whether to withdraw their proposed amendment to the Finance Bill.
Mr Field is waiting to hear what the Treasury Minister Stephen Timms tells MPs about the government's plans for further compensation for those who've lost money as a result of the abolition of the 10p tax rate.
Earlier the chancellor told Greg Pope and Frank Field that he would consider new measures in his autumn pre-Budget report.