Osborne: OAPs to be 'better off'

Pensioner holding money
The Chancellor claimed pensioners will be "better off" under the coalition government Credit: John Stillwell/PA Wire

George Osborne has told ITV's Daybreak, pensioners "will be better off" when state pensions are increased in the coming weeks following criticism from Labour and pensioners groups over his budget plans.

Find out how you could be affected by the 2012 Budget.

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The Budget 2012

The Chancellor George Osborne will unveil the budget for 2012. Find out how you're affected.