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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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Tories pledge an extra £10 billion to the NHS by 2020

The NHS will receive an extra £10 billion a year by 2020, George Osborne said.

ITV News Health Editor Rachel Younger tweeted:

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