George Osborne revealed today that seven Government departments have agreed to cut their Budgets in a move expected to save around £2bn.
But the Chancellor needs to cut spending by more than £11bn and has yet to reach agreement with big spending departments such as Defence and the Home Office.
This video report is by ITV News political correspondent Carl Dinnen:
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Addressing an audience in America, the former PM said of Europe's single currency that it was not working "as intended".
The countries lawmakers voted to impeach President Park Geun-hye in the wake of mass protests against her.
The former presidential candidate, who has herself been the target of false news reports, said such stories had 'real-world consequences'.