Details of council rates cap revealed

Councils are once again being told to start living within their means and focus on the basics, with the government releasing details of its long-awaited rates cap. Instead of a fixed cap, the government has opted to go with a target band between two and four percent, to be enforced by a regulator. Councils can appeal to go higher, but the government's already warning that would only be for the most exceptional of circumstances. Political reporter Giles Dexter spoke to Lisa Owen.