Spending cuts 'deliverable', says George Osborne

George Osborne has hit back at claims by a group of MPs that the government's spending cuts are not deliverable.

The chancellor said the cuts would be a "challenge" but would be achieved through greater transparency and accountability.

The Commons Public Accounts Committee found only £15bn of a three-year £35bn savings programme outlined in 2007 had been achieved by 2009.

Hugh Pym reports.

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