Could George Osborne have delivered the least glamorous speech of modern times?

The Chancellor George Osborne must cut a further £16 billion from the nation's deficit before the next election but there were few clues about how that gap would be filled in his speech today.

In particular, it is unclear how the Conservatives would tax the rich after ruling out the the so-called Mansion Tax favoured by the Liberal Democrats.

ITV News' Political Editor Tom Bradby reports from Birmingham: