Media playback is unsupported on your device

George Osborne 'going to secure the recovery'

23 June 2013 Last updated at 10:59 BST

George Osborne has said the British economy is "out of intensive care", ahead of this week's spending review in which he will outline £11.5bn in public spending cuts.

A lack of growth in the past three years means his plan to eliminate the deficit during this Parliament has had to be changed, with further reductions in spending likely after 2016.

He told Sophie Raworth on the Andrew Marr Show spending on areas of public concern, such as the military covenant, would continue to be supported, in part by money raised from fines imposed for the Libor bank interest rate-fixing scandal.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.