Chancellor George Osborne speaking in the House of Commons
Media playback is unsupported on your device
Video

Spending Review: Osborne reveals £11.5bn in cuts

Chancellor George Osborne has announced government spending plans for 2015-16 and £11.5bn in cuts to individual departmental budgets.

Labour has said it will stick to the plans if it wins the 2015 election.

Vicky Young reports.

  • 26 Jun 2013
Go to next video: UK economy in graphs and statistics