:00:00. > :00:10.Tonight at Ten - the storm clouds are gathering again,
:00:11. > :00:12.says the Chancellor, but he insists that today's
:00:13. > :00:16.Budget puts Britain in a strong position.
:00:17. > :00:18.Mr Osborne's red box contained gloomy news on growth,
:00:19. > :00:20.productivity and borrowing, but he did unveil some tax cuts
:00:21. > :00:24.The outlook for the global economy is weak.
:00:25. > :00:34.It makes for a dangerous cocktail of risks, but one that Britain
:00:35. > :00:37.is well prepared to handle if we act now so we don't pay later.
:00:38. > :00:39.The response from the Labour leader was uncompromising.
:00:40. > :00:43.The entire Budget, he said, was based on six years of failure.
:00:44. > :00:45.He's failed on the budget deficit, failed on debt, failed
:00:46. > :00:47.on investment, failed on productivity, failed on trade
:00:48. > :00:49.deficit, failed on the welfare cap, failed to tackle inequality
:00:50. > :00:59.And a decision to introduce a new levy on sugary drinks
:01:00. > :01:03.is welcomed by those who say it's vital to fight childhood obesity.
:01:04. > :01:06.No-one likes tax, right, but this is a tax for good.
:01:07. > :01:13.This is a tax that will have ripples across the world.
:01:14. > :01:15.We'll be considering the impact of the Budget on business
:01:16. > :01:18.and households, and asking where the greatest burden will fall.
:01:19. > :01:28.We are going to win, win, win, and we are not stopping. We are going to
:01:29. > :01:30.have great victories for our country. Thank you very much
:01:31. > :01:38.everybody. Donald Trump steps closer
:01:39. > :01:40.to the Republican presidential nomination and warns there'll be
:01:41. > :01:42.riots if there's any attempt And a difficult night for Arsenal
:01:43. > :01:46.in their Champions' League And coming up in Sportsday on BBC
:01:47. > :01:50.News: Could Arsenal upset the giants of Spain and pull off a comeback
:01:51. > :02:10.that would win them a place Against a backdrop of slowing
:02:11. > :02:18.economic growth, falling productivity and weaker public
:02:19. > :02:21.finances, the Chancellor, George Osborne, has
:02:22. > :02:24.delivered his eighth Budget. He unveiled a series
:02:25. > :02:26.of giveaways to small firms, And he produced an eye-catching
:02:27. > :02:32.measure - to tackle levels of obesity among children
:02:33. > :02:37.and young people. But the big picture was dominated
:02:38. > :02:39.by the latest forecasts on economic But Mr Osborne says Britain is still
:02:40. > :02:44.ahead of other major economies. There were changes
:02:45. > :02:46.on personal taxes. From next April people
:02:47. > :02:48.will start paying income tax And that eye-catching measure -
:02:49. > :02:55.a new levy on sugary drinks, expected to raise around
:02:56. > :03:00.?500 million a year. More on that in a moment,
:03:01. > :03:15.but first our political editor Where's the sunshine, Chancellor?
:03:16. > :03:20.Hold your nerve, the contents of the box say we are all well off than we
:03:21. > :03:26.thought. Hold your nerve, he's decided to keep cutting spending for
:03:27. > :03:29.years to come. And hold your nerve, because the sun that he promised is
:03:30. > :03:34.absolutely behind the clouds. Productivity growth cries the West
:03:35. > :03:40.is too low, and the outlook for the global economy is
:03:41. > :03:49.weak. It makes for a dangerous cocktail of
:03:50. > :03:53.risks. The economy's in better shape than our rivals but growth is
:03:54. > :03:58.slowing down, so the Government will borrow billions more than planned.
:03:59. > :04:02.But by 2020, to stick to George Osborne's rule, the books should be
:04:03. > :04:05.back in the black. Not everyone believes the Chancellor will hit
:04:06. > :04:08.that political target but his backbenchers were happy to cheer it
:04:09. > :04:14.today. CHEERING. But listen...
:04:15. > :04:18.Five-year-old children are consuming their body weight in sugar every
:04:19. > :04:23.year. MPs shushed each other. Then grew quieter and quieter. One of the
:04:24. > :04:28.biggest contributors to childhood obesity... To hear the big surprise.
:04:29. > :04:33.I'm not prepared to look back at my time here in this Parliament doing
:04:34. > :04:37.this job and say to my children's generation, I'm sorry, we knew there
:04:38. > :04:41.was a problem with sugary drinks, we knew it caused disease, but we
:04:42. > :04:46.ducked the difficult decisions and did nothing. Today we'll introduce a
:04:47. > :04:52.new sugar levy on the soft drinks industry. One of the best known
:04:53. > :04:59.campaigners for the sugar tax sped to Westminster. Jamie Oliver could
:05:00. > :05:03.scarcely believe it. This counts as a result. But the sugar tax
:05:04. > :05:08.shouldn't distract from some bold redrawing in this Budget. A totally
:05:09. > :05:11.new kind of saving for old age, big changes to business taxes and
:05:12. > :05:16.another freeze on fuel duty. As ever, it is only when the Budget
:05:17. > :05:22.gets picked over the big picture becomes clear. There are big changes
:05:23. > :05:29.to tax and spend too. ?3.5 billion of extra cuts. Lower corporation tax
:05:30. > :05:32.on business profits. And by the next election, higher income tax
:05:33. > :05:37.thresholds, so millions of workers paying less tax. That's one way to
:05:38. > :05:43.please those grumpy Tory MPs. A typical basic rate taxpayer will be
:05:44. > :05:48.paying over ?1,000 less income tax than when we came into Government
:05:49. > :05:53.five years ago, and it means another 1.3 million of the lowest paid taken
:05:54. > :05:55.out of tax altogether. Social justice delivered by Conservative
:05:56. > :06:00.means. CHEERING. He needs those supportive
:06:01. > :06:04.voices, because right now the Tories are vying with each other to get you
:06:05. > :06:09.on their side in the EU referendum. And some are peeved because Mr
:06:10. > :06:11.Osborne used evidence from the neutral Office for Budget
:06:12. > :06:16.Responsibility to back his case for staying in. Britain will be
:06:17. > :06:21.stronger, safer and better off inside a reformed European Union.
:06:22. > :06:26.And I believe we should not put at risk all the hard work the British
:06:27. > :06:31.penal have done to make our economy strong again. And there it was, his
:06:32. > :06:37.main claim, that as Chancellor he truly has the whole country's
:06:38. > :06:40.interests at heart. This is a Budget that gets the investors investing,
:06:41. > :06:47.savers saving, businesses doing business, so we build for working
:06:48. > :06:51.people a low-tax, enterprise Britain, secure at home, strong in
:06:52. > :06:52.the world. I commend to the House a Budget that puts the next generation
:06:53. > :06:58.first. CHEERING. In total contrast to his
:06:59. > :07:03.colleagues' congratulations the Labour leader was having none of it.
:07:04. > :07:09.Failed on the Budget deficit, failed on debt. Failed on investment.
:07:10. > :07:13.Failed on productivity, failed on trade deficit, failed on the welfare
:07:14. > :07:18.cap. Failed to tackle inequality in this country. Flagging the most
:07:19. > :07:21.sensitive and the biggest cut of all, lower payments to some people
:07:22. > :07:25.with disabilities. Accusing Mr Osborne of trying to balance the
:07:26. > :07:31.books on the backs of the most vulnerable of all. Well, 500,000
:07:32. > :07:37.people with disabilities are losing over ?1 billion in permanent, in
:07:38. > :07:40.personal independence sonal independence payments, co-operation
:07:41. > :07:46.tax -- corporation tax is being cut and billions handed out in tax cuts
:07:47. > :07:49.to the very wealthy. And there were plenty of other opposition
:07:50. > :07:56.politicians queuing up to condemn the Budget. It confirms the failure
:07:57. > :08:00.of George Osborne, debt, deficit, borrowing, everything pushed back.
:08:01. > :08:05.It's been abject failure from start to finish. In many ways what the
:08:06. > :08:10.Chancellor is doing is making it more likely we'll have another
:08:11. > :08:17.recession rather than theory salience for the longer term. His
:08:18. > :08:18.carefully crafted ambitions don't doubt there are plenty of them
:08:19. > :08:24.hanging around. As we heard, the prospects
:08:25. > :08:26.for economic growth are rather less encouraging than they were
:08:27. > :08:29.just a few months ago. Mr Osborne in effect blamed
:08:30. > :08:31.the global economic situation for the changed forecasts on growth,
:08:32. > :08:35.debt and productivity, and he warned of 'storm
:08:36. > :08:37.clouds gathering again'. Our economics editor Kamal Ahmed
:08:38. > :08:51.is here with his take Today the Chancellor had a trickier
:08:52. > :08:56.hand to play than he expected four short months ago. He disguised some
:08:57. > :09:01.of that with eye-catching policy announcements such as the sugar tax,
:09:02. > :09:04.but he knows the economic fundamentals are looking less
:09:05. > :09:07.healthy and there is one major reason for that. It's about the way
:09:08. > :09:14.we work. George Osborne likes to talk about a
:09:15. > :09:18.cocktail of dangers facing Britain, a cooling global economy,
:09:19. > :09:21.cocktail of dangers facing Britain, in China. Throw in a collapse in the
:09:22. > :09:25.cocktail of dangers facing Britain, oil price and it can seem a toxic
:09:26. > :09:31.mix. The effect, economic growth is slowing. Last year the forecasted
:09:32. > :09:35.growth rate was 2.4%. That number was downgraded today to 2%. And the
:09:36. > :09:38.Government's economic watchdog put that largely economic watchdog put
:09:39. > :09:42.that largely down to one issue - productivity. The amount of output
:09:43. > :09:46.each workers produces per hour. If that's not going up as fast as
:09:47. > :09:51.hoped, then earnings aren't going to go up as fast as hoped, the economy
:09:52. > :09:56.isn't going to grow as fast. Tax revenues aren't going to come in.
:09:57. > :09:59.That's the big change. That's what we in. That's the big change. That's
:10:00. > :10:01.what we all -- what we ought to be taking about, because it really
:10:02. > :10:05.matters not just for the chill but how well off all of us are. How does
:10:06. > :10:10.the Chancellor propose to deal with the problem of lower growth and
:10:11. > :10:16.still produce a Budget surplus by 2020, a fiscal rule he claims he
:10:17. > :10:21.won't break? This graph shows the Government will borrow more over the
:10:22. > :10:27.next four years. With that amount of borrowing higher than expected, and
:10:28. > :10:31.falling more slowly. Now, that borrowing figure the Treasury
:10:32. > :10:36.predicts will still turn despite all the economic gloom into a ?10.4
:10:37. > :10:42.billion surplus the following year. Just in time for the election.
:10:43. > :10:46.Reaching that target will be harder given that Mr Osborne announced some
:10:47. > :10:51.give aways and they cost money. Here are some of the biggest ones.
:10:52. > :10:54.Firstly increasing income tax thresholds, except in
:10:55. > :10:59.Scotland, will cost ?2.5 billion. And cutting small business rates
:11:00. > :11:08.will cost ?1.4 billion. Give aways to begin with and
:11:09. > :11:09.takeaways in 2019-20 and 2 year after. Those are
:11:10. > :11:12.the years tore which the Government has a target to achieve a Budget
:11:13. > :11:18.surplus. What's striking is we really do have
:11:19. > :11:25.quite a big squeeze taking place in 2019-20 itself. Now, that big
:11:26. > :11:30.squeeze is how Mr Osborne proposes to hit that surplus by 2020,
:11:31. > :11:36.introducing a raft of revenue-raising measures. He
:11:37. > :11:41.proposes to find ?3.5 billion in efficiency savings from Government
:11:42. > :11:47.departments. And disability benefit cuts will save another ?1.3 billion.
:11:48. > :11:50.And then there is a verd then there is a very big ticket item - the
:11:51. > :11:57.majority of corporation tax changes will kick in that year, leaving
:11:58. > :11:59.larger businesses with a tax bill of ?7.9 billion.
:12:00. > :12:07.That's quite a cocktail, and the financial watchdog says there is
:12:08. > :12:12.only a 55% chance of the Treasury even hitting the target. Last year,
:12:13. > :12:13.George Osborne had three rules on the economy.
:12:14. > :12:20.He would cap the welfare Budget, a rule that was abandoned last year.
:12:21. > :12:24.He would bring down debt as a share of national income. A rule that was
:12:25. > :12:25.broken today. Me. A rule that was broken today. He
:12:26. > :12:35.a Budget surplus by 2020, and it seems he is prepared to tax more and
:12:36. > :12:37.cut more to achieve that. Even if there is some scepticism that he
:12:38. > :12:45.will ever get there. The biggest Budget surprise for many
:12:46. > :12:47.was the Chancellor's decision to impose a new levy
:12:48. > :12:50.on sugary drinks. There will be two bands -
:12:51. > :12:53.one for drinks with above 5 grams of sugar per 100 millilitres,
:12:54. > :12:58.including some cordials and flavoured waters,
:12:59. > :13:00.and a second band for those Most colas will fall
:13:01. > :13:05.into this category. If the manufacturers pass
:13:06. > :13:07.on the cost to the consumer, it could add between 18 pence and 24
:13:08. > :13:11.pence to a litre bottle, as our health editor,
:13:12. > :13:14.Hugh Pym, explains. It was a big surprise and it
:13:15. > :13:18.could hit many people's pockets. Today these shoppers were working
:13:19. > :13:21.out what the new levy adding possibly 80% to the price of a large
:13:22. > :13:24.unbranded bottle of cola might It will stop the kids from keeping
:13:25. > :13:34.on going to the shops, keep on buying all the fizzy
:13:35. > :13:37.drinks all the time. The cost to the NHS
:13:38. > :13:40.and the dentist all the time. At the end of the day they're
:13:41. > :13:43.enjoyable but they are bad, so... Some well-known campaigners
:13:44. > :13:45.on the issue were hurrying No-one likes tax, right,
:13:46. > :13:52.but this is a tax for good. This is a tax that will have
:13:53. > :13:58.ripples across the world. Canada, Australia, New Zealand,
:13:59. > :14:01.pull your finger out, Excluding milk-based sugary drinks
:14:02. > :14:20.it's likely to be passed The industry argues such a move
:14:21. > :14:25.is not the way to tackle obesity. I think it's very unfair and ironic
:14:26. > :14:28.almost that the soft drink manufacturers, who've been
:14:29. > :14:30.in the vanguard of reformulation, of making their products more widely
:14:31. > :14:32.available with great choice, should be the ones penalised
:14:33. > :14:35.through this measure. The Chancellor says the proceeds
:14:36. > :14:38.will be spent on school It is up to Scotland,
:14:39. > :14:43.Wales and Northern Ireland how The move comes at a time
:14:44. > :14:50.of increasing concern about obesity There is already a strain on the NHS
:14:51. > :14:56.and problems often develop About 10% of four and five-year-olds
:14:57. > :15:03.in England starting off at school By the age of 10 and 11 that figure
:15:04. > :15:08.has gone up to 19%. When it comes to adults,
:15:09. > :15:18.25% are obese. Treating conditions linked
:15:19. > :15:20.to obesity costs the NHS in England ?5.1 billion in the
:15:21. > :15:22.last financial year. To put that in perspective,
:15:23. > :15:24.the cost of treating smoking related diseases, including lung
:15:25. > :15:29.cancer, cost ?3.9 billion. All of that came out of a total
:15:30. > :15:32.health budget of ?113 billion The levy will raise just
:15:33. > :15:40.?500 million a year. Even so, the head of NHS England
:15:41. > :15:44.says it will help improve children's health and he says it's just one
:15:45. > :15:47.of a series of measures to be It's part of a much broader,
:15:48. > :15:57.comprehensive strategy that we need, but also we'll have to take account
:15:58. > :15:59.of promotions and advertising So together we think that these
:16:00. > :16:03.measures will substantially tackle the problem that we've got
:16:04. > :16:09.of childhood obesity. Health campaigners hope this
:16:10. > :16:11.is a game changing moment, but there's a lot of detail
:16:12. > :16:21.still to be worked out and there'll be intense
:16:22. > :16:24.debate about how the levy Today's Budget did contain a wave
:16:25. > :16:38.of measures aimed at business, giving more help to small firms,
:16:39. > :16:41.especially in the crucial area but asking big companies to make do
:16:42. > :16:45.without some of the tax breaks that Our business editor,
:16:46. > :16:48.Simon Jack, has been looking The Chancellor served up some good
:16:49. > :16:52.news for business underdogs today. Small businesses, like this
:16:53. > :16:54.cafe in Sunderland, were licking their lips
:16:55. > :16:56.at the prospect of saving real money from a cut to the burden
:16:57. > :16:58.of business rates. Hundreds of thousands of small
:16:59. > :17:01.companies in England will pay no One of the best things that I've
:17:02. > :17:06.heard from the Budget is the increase in the small
:17:07. > :17:08.business rate relief which, hopefully, for a business
:17:09. > :17:11.like ours, will take us out Some of it will go towards staff
:17:12. > :17:14.wages and maybe we'll But there's no such thing as a free
:17:15. > :17:20.lunch and the ?7 billion boost to small business will be paid
:17:21. > :17:23.for by a ?9 billion raid Up until now, big firms
:17:24. > :17:31.and multi-nationals have been able to reduce the tax they pay
:17:32. > :17:34.by taking off borrowing costs The amount of profit they can shrink
:17:35. > :17:42.this way will now be limited. Now, some sectors use a lot of debt
:17:43. > :17:45.financing and this limited ability to offset the debt interest payments
:17:46. > :17:48.against profits will hit some sectors, like commercial
:17:49. > :17:51.construction, very hard. The British Property Federation
:17:52. > :17:53.is warning that that The banks have used some
:17:54. > :17:58.of their previous big losses - remember them - to minimise
:17:59. > :18:03.tax bills and that will So will the Chancellor's new,
:18:04. > :18:08.more aggressive approach to collecting tax work better
:18:09. > :18:10.than his patchy record? I think by setting in place system
:18:11. > :18:15.changes, it's much easier to see that those are more likely to be
:18:16. > :18:24.effective than just trying to plug the odd, sort of, weird loophole,
:18:25. > :18:32.where it's quite tricky to understand - are people
:18:33. > :18:34.using it, is it effective? The financial backdrop,
:18:35. > :18:36.whether you are big or small, That makes life difficult
:18:37. > :18:41.for all businesses, just like it has Among the other measures announced
:18:42. > :18:49.by the Chancellor today were investments in infrastructure,
:18:50. > :18:52.especially in road and rail There's an extra ?700 million
:18:53. > :18:59.for flood defences. There's a commitment to introduce
:19:00. > :19:01.elected Mayors for English counties The Chancellor confirmed that
:19:02. > :19:07.all schools in England are to become Academies, taking them out
:19:08. > :19:15.of local authority control. Our political editor,
:19:16. > :20:41.Laura Kuenssberg, is in Downing What do you think the longer term
:20:42. > :20:44.goals are now? You are right, the overwhelming backdrop to this is the
:20:45. > :20:49.Government's strongly held desire, and fear really, that they have to
:20:50. > :20:54.win the European referendum on June 23rd. They can't afford to lose that
:20:55. > :20:57.or else all their careers, all bets might be off.
:20:58. > :21:03.George Osborne's own leadership ambitions, both of those two reasons
:21:04. > :21:07.he didn't want to do anything today that would really upset his
:21:08. > :21:11.Conservative backbenchers or would really upset middle England. I think
:21:12. > :21:17.in a sense this was another step along the road in his big political
:21:18. > :21:21.project, nail the Conservative Party to capture those swing voters in the
:21:22. > :21:22.middle, to truly become as he would suggest the party of ordinary
:21:23. > :21:27.working families. One suggest the party of ordinary
:21:28. > :21:32.to me today this was a good Budget for the middle class. But there are
:21:33. > :21:33.plenty of people who want to stop George Osborne achieving that goal.
:21:34. > :21:41.Laura, thank you. If you want to find out more
:21:42. > :21:52.about the Budget and how it affects your financial
:21:53. > :21:54.circumstances, you can use the BBC's In America, the frontrunner
:21:55. > :22:04.for the Republican presidential nomination, Donald Trump,
:22:05. > :22:07.has warned of riots if he's Mr Trump has strengthened his
:22:08. > :22:12.position after winning the latest primaries in three states,
:22:13. > :22:15.but he lost in the key state of Ohio, meaning he could still fall
:22:16. > :22:18.short of the support he needs. In the Democratic race,
:22:19. > :22:20.Hillary Clinton extended her substantial lead over rival
:22:21. > :22:21.Bernie Sanders with wins Our North America editor,
:22:22. > :22:33.Jon Sopel, reports. He's young, articulate,
:22:34. > :22:37.telegenic and Hispanic, but Senator Marco Rubio
:22:38. > :22:41.is also a loser. Last night the great hope
:22:42. > :22:43.of the Republican establishment was crushed in his home state
:22:44. > :22:46.of Florida by the Donald Trump While it is not God's plan that
:22:47. > :22:52.I be president in 2016, or maybe ever, and while today my
:22:53. > :22:55.campaign is suspended. The fact that I've even come this
:22:56. > :23:01.far is evidence of how special Donald Trump made impressive
:23:02. > :23:08.gains last night. He's now halfway to getting
:23:09. > :23:11.the number of delegates he needs to win outright and is way
:23:12. > :23:13.ahead of his main rivals. He's achieved it, not by wooing
:23:14. > :23:17.the traditional republican base, but by bringing new
:23:18. > :23:20.support to the party. We have a great opportunity
:23:21. > :23:23.and the people that are voting are Democrats are coming in,
:23:24. > :23:32.independence are coming in and very, very importantly, people
:23:33. > :23:34.that never voted before. Donald Trump has had an emphatic
:23:35. > :23:37.victory here in Florida. But perhaps the most striking thing
:23:38. > :23:43.about tonight is what has happened It was to this man, the State
:23:44. > :23:49.governor, John Kasich, a moderate Republican whose now
:23:50. > :23:52.vowed to carry on his fight We are going to go all the way
:23:53. > :23:59.to Cleveland and secure But the path is strew
:24:00. > :24:05.with more than confetti. John Kasich staying in the race
:24:06. > :24:08.means the anti-Trump vote is now split between him
:24:09. > :24:13.and Senator Ted Cruz. What looks certain is that
:24:14. > :24:16.Donald Trump is going to arrive at the convention with way more
:24:17. > :24:18.delegates than anyone else, but potentially short
:24:19. > :24:21.of the majority that he needs. This is where politics
:24:22. > :24:24.clashes with arithmetic. Arithmetically, yes,
:24:25. > :24:27.it would be possible for the Republican establishment
:24:28. > :24:30.to do a stitch-up and put someone else in but, politically,
:24:31. > :24:38.it would be explosive and Donald Trump has warned
:24:39. > :24:40.that if that happens, A threat the authorities
:24:41. > :24:47.are taking seriously. If we win in November,
:24:48. > :24:52.I know our future will be brighter Her path to the nomination seems
:24:53. > :25:02.less complex and already her advisers are war gaming the next
:25:03. > :25:05.battle - how to take on Donald Trump, her most likely
:25:06. > :25:09.Republican opponent. Jon Sopel, BBC News,
:25:10. > :25:16.Palm Beach, Florida. A brief look at some
:25:17. > :25:22.of the day's other news stories. A man shot dead by the police
:25:23. > :25:27.in Brussels yesterday has been identified as an Algerian national
:25:28. > :25:30.who was living in Belgium illegally. The raid was linked
:25:31. > :25:32.to the investigation into the attacks in Paris that
:25:33. > :25:35.killed 130 people last November. Police say that they found
:25:36. > :25:37.an assault rifle, the flag Islamic State group,
:25:38. > :25:40.and a book of extremist literature The European naval force that's
:25:41. > :25:47.targeting migrant smuggling gangs in the Mediterranean says there's
:25:48. > :25:50.been a sudden increase in the number of boats crossing
:25:51. > :25:52.from Libya to Italy. These pictures, given
:25:53. > :25:54.to the BBC by the Royal Navy, show some of the migrants
:25:55. > :25:56.rescued earlier today. Hundreds have been rescued
:25:57. > :25:59.in the past few weeks and many more are expected as the
:26:00. > :26:05.weather improves. Arsenal have been knocked out of
:26:06. > :26:08.the Champions League by Barcelona. They'd travelled to the home
:26:09. > :26:10.of the Spanish Champions, A rainy night in Barcelona, Arsenal
:26:11. > :26:19.to overturn a two-goal deficit. A rainy night in Barcelona, Arsenal
:26:20. > :26:23.may have wished their opponents had stayed indoors. The defending
:26:24. > :26:26.champions are a daunting prospect. Unbeaten since October, with one of
:26:27. > :26:30.the best attacking lineups in history. When this team click into
:26:31. > :26:36.gear, it takes something special to stop them. 2-0 down from the fist
:26:37. > :26:41.leg, Arsenal's climb would become steeper. Messi, Suarez and Neymar
:26:42. > :26:47.have combined for 103 goals this season. Their 104th rooked almost
:26:48. > :26:53.routine. Under pressure more than ever, Arsenal's chances had been all
:26:54. > :26:56.but Brit written off except by them. Their effort was rewarded. Elneny's
:26:57. > :27:01.first goal for Arsenal. The first sign of hope. Their revival was
:27:02. > :27:04.brief. Even in the Champions League, Barcelona play for fun. The Nou Camp
:27:05. > :27:09.is a playground for Luis Suarez. There was still time for them to toy
:27:10. > :27:15.further with Arsenal as Messi, who else, completed the game. Arsenal's
:27:16. > :27:18.Champions League journey is over. Barcelona's bandwagon rolls on to
:27:19. > :27:21.the quarter-finals. Katie Gornall, BBC News.
:27:22. > :27:24.A last look at the Budget tonight, this time focussing on measures that
:27:25. > :27:26.could affect families and young people throughout the UK.
:27:27. > :27:29.On savings, there'll be a new Lifetime ISA,
:27:30. > :27:31.specifically for the under-40s and the Government will top-up
:27:32. > :27:42.On duties, the tax on beer, cider and spirits will be frozen.
:27:43. > :27:44.But tobacco duty will rise by 2% above inflation.
:27:45. > :27:46.Reeta Chakrabarti has been getting reaction to the measures
:27:47. > :27:50.at Stockport College in Greater Manchester.
:27:51. > :27:54."We are the builders", declared the Chancellor,
:27:55. > :27:55.and young adults learning the bricklaying trade
:27:56. > :28:01.17-year-old Harvey is keen to get on.
:28:02. > :28:03.He's interested in George Osborne's proposed Lifetime ISA,
:28:04. > :28:06.encouraging young people to save by giving them ?1 for every
:28:07. > :28:15.You've got different types of ISAs you can put your money away in.
:28:16. > :28:23.So you can start saving up for things that you need in life,
:28:24. > :28:27.Just building up that money to get you off in life.
:28:28. > :28:29.I now call the right honourable George Osborne,
:28:30. > :28:32.He's one of a group the Chancellor repeatedly name checked,
:28:33. > :28:35.the next generation, the focus of today's Budget
:28:36. > :28:43.George Osborne's next generation should be in optimistic mood
:28:44. > :28:47.The north-west of England has, he says, the fastest growing rate
:28:48. > :28:51.of employment in the country, but it's not that straight-forward.
:28:52. > :28:55.18-year-old Hayley has been listening to the message too.
:28:56. > :29:00.She harbours big ambitions, she's training to be a chef
:29:01. > :29:03.while working part-time and she wants to own her own business.
:29:04. > :29:06.She likes the idea of being helped to save, but...
:29:07. > :29:09.The money that I do make, I have to use it for public
:29:10. > :29:11.transport, also buying food for myself during the week.
:29:12. > :29:15.At the end of the day, it's a good decision,
:29:16. > :29:18.but it's how - are you going to start saving, if you don't
:29:19. > :29:22.have the money to start saving with in the first place?
:29:23. > :29:26.Dominic Smith used to be a teacher, now he's retraining as a plumber.
:29:27. > :29:29.For him, raising the threshold at which people pay tax to ?11,500
:29:30. > :29:39.I think for workers it's a good thing to be able to know that a bit
:29:40. > :29:42.more of your money you've earnt will go into your own pockets and,
:29:43. > :29:45.hopefully, boost the economy by spending it the way that
:29:46. > :29:54.But for car owners and anyone paying insurance, it was a different story.
:29:55. > :29:57.The tax on premiums will go up by 0.5%, a smaller increase
:29:58. > :30:01.than expected, but it comes on top of a bigger hike last year.
:30:02. > :30:04.I'm not happy at all because that does affect me because I'm a car
:30:05. > :30:07.owner, I'm a homeowner, you know, I have a mortgage to pay.
:30:08. > :30:11.I'm trying to stand on my own two feet, I have done all my life,
:30:12. > :30:14.and I do find that slightly frustrating.
:30:15. > :30:17.Forging a vision for the country that echoes people's personal
:30:18. > :30:18.ambitions is what Chancellor's attempt on Budget Day.
:30:19. > :30:21.George Osborne will hope what he's produced is suitably joined up.
:30:22. > :30:39.Reeta Chakrabarti, BBC News, Stockport.
:30:40. > :30:41.Just time for a last word with our economics editor,
:30:42. > :30:50.I think Huw, it has been a long day, a significant one. Not just a policy
:30:51. > :30:54.risk, but a political risk - is this issue of the Budget surplus. The
:30:55. > :30:57.downgrade in economic growth today was more significant than normal
:30:58. > :31:04.downgrades because it was based on our failure on the issue of pro
:31:05. > :31:15.ducktivity. The policy is to change pro ducktivity take as long time.
:31:16. > :31:18.You That's long-term. Getting productivity up will take a long
:31:19. > :31:26.time. The second big area of risk for the Chancellor and for the
:31:27. > :31:30.Government is this big bet on 2019 and 2020 when everything will come
:31:31. > :31:34.together. The tax cuts, the tax rises will come in, the public
:31:35. > :31:42.sector cuts will also come in, meaning that he can hit this Budget
:31:43. > :31:45.surplus. They are heroic in terms of what he's trying to achieve in that
:31:46. > :31:50.final year. If he doesn't do that he will fail on his final fiscal rule.
:31:51. > :31:55.He missed two, he has that third one. Can he hit that 2020 target.
:31:56. > :31:57.Thank you very much. . Kamal Ahmed on the final word on the Budget
:31:58. > :32:00.today. Newsnight is coming up
:32:01. > :32:02.on BBC Two in a few moments. There were quite a few missed
:32:03. > :32:06.targets in the Budget today, so we'll be delving
:32:07. > :32:08.into the excuses. Join me now on BBC Two,
:32:09. > :32:14.11.00pm in Scotland. Here, on BBC One, it's time
:32:15. > :32:16.for the news where you are.