Steven Bruck, a partner at Blick Rothenberg Chartered Accountants, takes a look at the winners and losers of this year's Budget.
Osborne surprisingly had a fair amount of leeway in his Budget. But we have to set all this in the context of a very gloomy overall picture.
The UK economy has grown at the fastest rate in five years, partly because of the Olympics. But have we felt it here?
A butcher in the Lake District says it is too early for them to tell whether the Olympics has brought any economic benefit.
It's owner says that the second quarter was a particularly tough one, which may have helped the third quarter's figures.
The economy grew by 1% in the three months from July to September, driven partly by increases in production output and growth in the service sector.
The University of Cumbria has confirmed plans to re-open their Ambleside Campus.
The first students could return in 2014. Supporters say they'll bring millions to the local economy.
But others say plans haven't been thought out properly, and the local infrastructure won't be able to cope.
Dairy farmers have been protesting over a planned cut to milk prices.
A series of price cuts will take effect in August - seeing value decrease by 2 pence per litre.
Hundreds of farmers met in London to demand an immediate reversal in what they call an 'unsustainable' fall.
Unions say from the Scottish Borders to Northumberland and beyond, more and more farmers are struggling to survive.
Negotiations are underway to try and save some of the 83 jobs threatened by the closure of Hoopers department store next month. Relocation is unlikely to offer a realistic option for most staff as the chain's other stores are a long way outside of Cumbria.
Carlisle department store, Hoopers, is to close with the loss of 83 jobs. The store, on Castle Street in the city centre, has been open since 2006. It is currently closed while staff prepare for a clearance sale and will continue trading until June 23.