Three years ago I made an impassioned plea in a speech to the Tory conference to the then Shadow Chief Secretary George Osborne to abolish inheritance tax. It got a good round of applause from the audience but George was having none of it. I am delighted he has now seen the light! I think it is a clever move upping the threshold to £1 million, as it means it is more difficult to say that it is a tax cut for the rich. Most importantly it means that family homes can be passed through the generations more easily.
In the last hour I have almost lost count of the number of people who have come up to me with beaming smiles, saying: "Isn't it wonderful that we have Conservatives to sell?" My gut feeling is that this is the key speech of the conference. It will take some beating.