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  1. National

New sugar levy on the soft drinks industry announced

A new sugar levy on the soft drinks industry will be introduced, the Chancellor said.

It will be introduced in two years time to ensure companies reduce the sugar content of drinks and promote low sugar brands.

He said it was a "perfectly reasonable step" to protect children's health.

"Money from this new [sugar] levy will be used to double the funding we dedicate to sport in every primary school," Mr Osborne said.



  1. National

Growth forecasts revised down, Chancellor reveals

Growth forecasts have been downgraded, the Chancellor said.

It was 2.4% for 2016, but has now been revised down to 2% by the OBR, George Osborne said.

It is predicted to be 2.2% in 2017 rather than 2.4% and 2.1% in each of the three years after that.

Mr Osborne said Britain was expected to "grow faster than any other advanced economy in the world".

  1. National

Osborne's thinly-veiled Brexit warning?

Deputy Political Editor Chris Shop says George Osborne's gloomy global economic outlook is also a warning against a vote to leave the EU.

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