The Budget 2013

The Chancellor George Osborne is announcing the Budget for the next financial year. It will affect families and businesses in the Midlands. ITV Central's Political Correspondant, Alison Mackenzie brings you the latest from Westminster.

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  1. Alison Mackenzie - Political Correspondent

Osborne announces 'deficit cut by a third'

In his 4th budget for the coalition George Osborne announces deficit cut by a third, and that the coalition has created one and a quarter million jobs.

George Osborne says 'we are winning the global race by improving skills and making Britain a place for aspiration'.

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