Fracking gas extraction given tax incentive

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.'

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Budget in the West Country

Chancellor George Osborne will be setting out his budget for the next financial year today. We will be examining its impact on people in the West Country, and feeding live updates once the announcement begins at 12:15pm today (Wednesday 20 March).