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Social care cap brought forward

17 March 2013 Last updated at 13:18 GMT

The government will bring forward its overhaul of the pension system and social care funding by a year, the chancellor has announced.

George Osborne said the flat-tier pension, worth around £144 a week, would now start in 2016. The announcement comes ahead of Wednesday's Budget.

But shadow chancellor Ed Balls said not enough was being done to stimulate growth and accused the coalition of following the "economics of the lunatic farm".

Adam Fleming reports.