BBC News Budget 2011

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8 February 2012 Last updated at 10:00

'Jobs to go' due to oil tax hikePetrol pump

Tens of thousands of jobs in the UK will go as a result of a windfall tax on North Sea oil producers announced in the Budget, the industry warns.

Pound notesInflation to 'make cuts bigger'

Rising inflation means cuts to public service spending are bigger than they would otherwise have been, says the IFS think tank.

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