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Businesses welcome Chancellor's announcements

Businesses have broadly welcomed the announcements in the Budget aimed at their sector. Measures included cutting energy costs, and doubling investment in a lending scheme aimed at boosting exports.

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TUC: Osborne's Budget 'highly political' and 'short-term'

TUC General Secretary Frances O'Grady slammed the Chancellor's Budget as "highly political" and "short-term".

TUC General Secretary Frances O'Grady. Credit: Ben Birchall/PA Wire

Ms O'Grady said, “The best news for the long-term health of the economy is the genuine help for manufacturing, but it was the exception in this highly political short-term Budget that continued the Chancellor’s project to shrink the state and help the rich.”

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