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George Osborne 'finds' £12bn of welfare cuts

Chancellor George Osborne said he has "found" the £12 billion of benefit cuts promised in the Tory election manifesto.

Measures expected to be announced in Wednesday's budget include cutting the amount of social housing cash available to council and housing association tenants, slashing the benefits cap to £23,000 a year in London and reducing funding to the BBC by £650 million a year.

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Osborne gives 'sneak preview' of upcoming budget cuts

Chancellor George Osborne has given a sneak preview of the cuts that can be expected in his upcoming budget after hinting that a tougher limit on benefits could be introduced.

ITV News' Political Correspondent Lewis Vaughn Jones looks ahead to what can be expected from Wednesday's budget:

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