<sod >Philip Hammond is looking at capping annual charges at Â£7,500 instead of the current level of Â£9,250, according to The Sunday Times.< eod>< sod > Philip Hammond is looking at capping annual charges at Â£7,500 instead of the current level of Â£9,250.Â The reported move comes amid concern from Conservatives about their low support base among young people, who voted for Labour in huge numbers in the June election.< eod>