When George Osborne promised to scrap inheritance tax on the family home in 2007, it was credited with deterring Gordon Brown from holding a snap election. Could the government afford to abolish it entirely, and is any kind of tax cut really on the cards? Matt speaks to former cabinet minister John Redwood, and former Labour adviser Lord Wood.

Plus: Columnists Rachel Sylvester and Libby Purves discuss "rip-off" university degrees, Labour's tangle over the benefits cap, and whether we should let seagulls steal our chips.

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