Welfare spending cap set at £119bn for 2015/16

Twitterpic2_normal

Welfare cap set at £119 billion in 2015/16 and will rise line with inflation

Penny4_normal

Welfare cap will not be felt on the doorstep for some time. It is a overall govt cap to control spending - a direction of political travel

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Osborne: Budget for 'makers, doers and savers'

The Chancellor George Osborne has unveiled measures to benefit pensioners and savers in his penultimate Budget before the election. But he has warned Britain is still set to face years of austerity, despite improved economic forecasts.