Business Secretary Vince Cable
Media playback is unsupported on your device
Video

Business Secretary Vince Cable 'content' with Budget

Business Secretary Vince Cable says he is ''content'' with the Budget as a whole, as George Osborne cuts the tax rate for earnings over £150,000, saying it raised "next to nothing".

He is also going to raise the threshold at which people start paying tax to £9,205, leaving millions of working people over £200 better off.

Liberal Democrat Vince Cable said his party had been pressing for the chancellor to reduce tax for low and middle income families.

  • 21 Mar 2012
Go to next video: Business highs and lows in Budget