Chancellor George Osborne defends cuts and tax rises

Chancellor George Osborne has warned there would be "financial turmoil" if he abandoned cuts and tax rises

Speaking on The Politics Show, Mr Osborne says that no politician liked cutting spending and increasing taxes, but he was trying to clear up the "mess" Labour left.

The chancellor said "tough difficult decisions" were required to cut the deficit.

Watch The Politics Show on BBC1 at 1200 GMT on Sunday.