Hannah McNulty joined members of the ITV Business Club in Gretna to get their reaction to the Chancellor's announcement and Budget plans.
You can watch her lunchtime report below.
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.