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Osborne: 'We are going to have to make further savings'

Chancellor George Osborne has warned the UK has to "act now rather than pay later" ahead of next week's Budget, with further spending cuts planned.

He said the cuts would be "equivalent to 50p in every Β£100" of public spending by 2020, which was "not a huge amount in the scheme of things".

19 minutes

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The Andrew Marr Show13/03/2016

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