Labour's Ed Balls has called on the Chancellor to make a swift economic U-turn following yesterday's Budget speech.
Financial services firm True Potential says the Budget has underlined the ineffectiveness of cash savings.
The FTSE 100 and sterling have both held on to gains from this morning following Chancellor George Osborne's 2013 Budget speech.
In a vigorous response to Chancellor George Osborne's 2013 Budget, leader of the opposition Ed Miliband branded it as "a downgraded Budget from a downgraded Chancellor".
The threshold at which people begin to pay income tax will rise to £10,000 in 2014, a year earlier than planned, the Chancellor announced today.
The UK economy will post growth of 0.6% this year, according to the Office for Budget Responsibility (OBR), a downward revision from its December forecast.