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.
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.
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.