Osborne curbs welfare benefits

The newly unemployed will have to wait at least seven days before they are able to sign on, under a series of changes to welfare benefits announced by the Chancellor. A new welfare cap will be set from 2015 and OAP expats face losing fuel payments.

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Ed Balls: UK suffering 'slowest recovery for 100 years'

Shadow chancellor Ed Balls said the economy was still flat lining and the UK was suffering from "the slowest recovery for 100 years".

Mr Balls said the Chancellor had failed to deliver on his promise to get Britain's economy back on its feet which is why he was being forced to make more cuts today.

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