The Chancellor has highlighted five key industries set to benefit from today's Budget, as he tries to move the UK away from a reliance on companies in the finance sector.
George Osborne pledged to provide businesses in the aerospace, energy, pharmaceuticals, creative media and sciences sectors with the incentives and schemes they need to create "a more balanced national economy".
In his Budget speech, he said: "We will earn our way in the world by saying to all businesses - large and small: we will provide you with the modern infrastructure; new growth-friendly planning rules and employment laws; the kinds of schools and universities and colleges our future workforce needs.
"And in return British businesses have the self-confidence to: invest, expand, hire, innovate and be the best.
"We earn our way in the world if we stop being afraid to identify Britain's strengths and reinforce them, backing industries, like aerospace, energy and pharmaceuticals, creative media and science.
"A deliberate strategy to create a more balanced national economy, where financial services are strong, but they are not the only string to our bow."
He backed media industries with tax credits for companies involved in video games, animation and high-end TV, much like the film tax credit scheme which has generated over £1bn production investment in the UK last year alone.
"Not only will this help stop premium British TV programmes like Birdsong being made abroad, it will also attract top international investors like Disney and HBO to make more of their premium shows in the UK. It will support our brilliant video games and animation industries too," Osborne said.
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