Rolling coverage of George Osborne, the chancellor, delivering his 2015 summer budget, with the best reaction and analysis 10.54am BST Anti-austerity campaigners are planning protests across the UK to coincide with the budget, as well as a series of strikes across the capital.Our report here: Related: 'Oxi to Osborne': UK campaigners take Greek inspiration in budget protests More security than normal on Whitehall for anticipated budget anti-welfare cuts protests: #SummerBudget pic.twitter.com/gmudS5B6HS 10.37am BST If you are looking for a guide as to how George Osborne can achieve welfare cuts of £12bn, this chapter, from the Institute of Fiscal Studies’ green budget earlier this year (pdf), is about as good as anything.Here are the key charts, showing how much various measures would save. They start on page 225. Continue reading...
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