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Further £11.5bn spending cuts

Chancellor George Osborne said that seven government departments have provisionally agreed to cuts of up to 10% for 2015 to help make savings of £11.5bn.

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Osborne yet to agree cuts with big-spending departments

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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