Advertisement

  1. National

Budget: Osborne unveils home-building plans

George Osborne reveals an extension of the Help to Buy scheme and plans for new garden city with 15,000 new homes.

View all 10 updates ›

Osborne to confirm promised cap on welfare payments

Chancellor George Osborne has warned of more "difficult decisions" in this week's Budget as he sets out his plans to build a "resilient economy" for the future.

Writing in The Sun on Sunday (behind paywall), Osborne confirmed he will use his Commons statement on Wednesday to spell out details of the Government's promised cap on welfare payments.

Chancellor of the Exchequer George Osborne. Credit: Scott Heppell/PA Wire/Press Association Images

He made clear that after five years of austerity, the squeeze on the public sector will have to continue beyond the general election and into the next parliament to rebuild the public finances.

More on this story