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Helen Ford joined MPs from around the region to find out their political reaction to the Chancellor's plans.
You can watch the full video below.
Our Business Correspondent Ben Chapman has spent the day gauging reaction to the budget announcement and joined Pam and Ian in the studio to explain what it might mean for the region's businesses.
You can watch the full video of that below.
Brian Manning, chief executive of the Esh Group in the North East and ITV Business Club member, has been speaking to ITV News about today's Budget announcement.
We asked him if the Chancellor's focus upon housing and more people buying homes was something that he had been waiting for.
North East Chamber of Commerce Chief Executive, James Ramsbotham, analyses the 'business friendly' budget. Changes to Corporation Tax, fuel duty and National Insurance show 'he has listened to businesses'.
Hannah McNulty joined members of the ITV Business Club to find out their reaction as they watched the Chancellor announce his Budget.
You can watch her lunchtime report below.
Small businesses will get £2,000 off the cost of their tax bill on people they employ, the Chancellor has announced.
He says it will help small firms who are thinking about taking new people on to go ahead and do it.
The government will put up loans of 20% of the cost of a new house interest free, the Chancellor has announced. Buyers will only need to put up a 5% deposit.
The loan would help buyers get a mortgage, as long as they buy a newly built house.
It will not be restricted to first time buyers, a move that will be welcomed by estate agents. Yesterday, Janet Hopkinson from Sanderson Young, a member of our Business Club, told me she wanted some action to help people move up the property ladder.
The Chancellor says it will also help the construction industry by creating demand for more new houses.
Latest ITV News reports
Business leaders have given George Osborne's Budget a cautious thumbs up, but it's still unclear how far the North East will benefit
Steven Bruck, a partner at Blick Rothenberg Chartered Accountants, takes a look at the winners and losers of this year's Budget.