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Budget 2012: George Osborne's biggest announcements

21 March 2012 Last updated at 14:23 GMT

Huw Edwards highlights the headline announcements of George Osborne's 2012 Budget as he goes through the major changes to tax rates and spending plans.

They included cutting the 50p top rate of income tax to 45p, and raising the salary at which child benefit is to be withdrawn.

BBC Budget 2012