Osborne praises North East in Budget

George Osborne has praised the North East for being one of the most successful regions in the country for creating new private sector jobs.

He announced a single pot of money to support local enterprise - a move welcomed this week by the North East Chamber of Commerce.

He also highlighted that for the first time in 40 years Britain is exporting more cars than it is importing, in no small part thanks to the phenomenal success of Nissan's Sunderland plan, which is the most productive car plant in Europe.

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How will the Budget affect you?

Business Correspondent Ben Chapman gives his analysis on the 2013 Budget.