- West Country (E)
- 8 updates
On yesterday's programme we heard from people in Wellington in Somerset about their hopes and fears for the budget. We have been back to see them today to get their reaction to the speech.
Charlotte Leslie MP (Con, Bristol North West) has welcomed the Chancellor's reduction of beer duty by 1p a pint. She has told our Political Correspondent Bob Constantine that it will help boost pubs, which she says are vital to rural economies.
They also employ huge numbers of young people, she said, arguing that the measure will also assist youth employment.
Fracking (the extraction of shale gas from the ground) is to be given a tax incentive. A company has applied for permission to frack the ground in the Mendips. Environmentalists are worried it will affect Bath's hot springs network and possibly cause minor earthquakes.
The tax incentive could encourage more applications. George Osborne says shale gas extraction 'is part of the future and we will make it happen.'
Beer duty is to be cut by 1p per pint from Sunday night, and increases are to be stopped altogether. It is the only alcohol to be exempted from duty increases, and the Chancellor says the exemption will help protect pubs.
He acknowledges it is partly in response to pressure from the Conservative Bristol North West MP Charlotte Leslie.
Addressing the Commons, Chancellor George Osborne says granting planning permission for the Hinkley C nuclear power station in Somerset yesterday was a 'major step forward' towards a low carbon economy.
The Chancellor is now laying out his 2013 budget in the House of Commons. We will publish live updates, focussing on measures affecting the West Country specifically.
Chancellor George Osborne will set out his budget for the next financial year today. His speech begins at 12:15pm in the House of Commons.
We will be feeding live updates on this page, which will focus on how the budget affects the West Country specifically.
The national ITV News site will be feeding live updates on how the budget will affect people generally. Click here to look at them.
Latest ITV News reports
Pub owners and drivers will benefit from duty cuts and freezes, but not everyone will like the support for fracking and nuclear energy.