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Osborne: Budget for 'makers, doers and savers'

The Chancellor George Osborne has unveiled measures to benefit pensioners and savers in his penultimate Budget before the election. But he has warned Britain is still set to face years of austerity, despite improved economic forecasts.

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Employment rate highest in five years

Employment in Britain stood at 72.3% between November and January, the highest level in five years.

Employment Minister Esther McVey said the increase was "fuelled by businesses and entrepreneurs across the country who are feeling increasingly confident with the improving economy".

However, Paul Kenny, general secretary of the GMB union, called on the government to "show more urgency to help its main victims, nearly one million young workers out of work, into proper jobs".

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