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Living wage for low-paid, welfare cuts for families

Credit: John Stillwell/PA

Low-paid workers in the region could be getting a pay rise, as a compulsory living wage was announced in today's budget.

Chancellor George Osborne announced a new National Living Wage of £7.20 an hour for all over 25s next April. This will then increase to £9 an hour by 2020.

However he also fleshed out huge cuts to the welfare budget. Some people will see benefits frozen and tax credits cut.

These measures include a reduction in the benefit cap for households, an end to housing benefit for 18-21 year-olds, a two-child limit for child tax credits and a freeze in working age benefits for four years.

For more on what this means for you and your family, tune in to ITV News West Country from 6pm tonight.

Hundreds expected to protest budget in Bristol "mass die-in"

Chancellor George Osborne delivered the budget earlier today. Credit: PA

Hundreds of people are expected to protest today's budget in a "mass die-in" in Bristol this evening.

The protest, organised by the Bristol People's Assembly, aims to highlight what the organisers call "the many deaths and huge damage to millions of lives which continues to be caused by austerity and the cuts".

Today's budget included a reduction in the benefit cap for households, an end to housing benefit for 18-21 year-olds, a two-child limit for child tax credits and a freeze in working age benefits for four years.

The Chancellor also announced a new National Living Wage of £7.20 an hour, which will increase to £9 an hour by 2020.

Protestors are planning to move around Bristol, beginning at fountains near the city's Harbourside at 5pm, and ending at College Green.

More than 800 people have signed up to attend so far.

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Welfare cuts expected in summer Budget

£12 million in welfare cuts are expected to be announced in the Summer Budget Credit: John Stillwell/PA

The chancellor George Osborne is expected to announce £12 billion in welfare savings in his summer budget this lunchtime.

In the first all-Conservative Budget since 1996, Mr Osborne is expected to make cuts in benefits for social housing and tax credits, whilst raising tax allowances.

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