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Budget 'to leave 13 million families worse off'

Thirteen million families will lose an average of £260 each year because of the change to working-age benefits, the Institute for Fiscal Studies (IFS) has said.

Reacting to the first all-Conservative Budget in 19 years, the IFS said it was "regressive" and had taken "much more" from the poor than the rich.

George Osborne earlier defended his Budget, saying it represented a "new contract" for Britain.

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'Girls?!: Nicky Morgan unimpressed by photographer

Education Secretary Nicky Morgan was unimpressed by a photographer's attempt to get her attention as she left a pre-Budget Cabinet meeting this morning.

The photographer shouted, "Morning girls" as Ms Morgan departed Downing Street alongside Energy Secretary Amber Rudd.

"Girls?! Girls?!" the Education Secretary replied, prompting laughter from the assembled media pack.

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