One industry set to benefit from the Chancellor's announcements is the brewing trade. Plans to add another 3 pence tax to beer have now been scrapped. Instead the cost of a pint will be cut by a penny. The change will come into force from Sunday night.
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).