Budget will protect the needy and the vulnerable - Hughes

Commenting on the budget, Liberal Democrat Deputy Leader Simon Hughes said:

"Today's budget clearly reflects many of the tax priorities which won the Liberal Democrats almost seven millions votes at the election. As a result of this budget millions of pensioners and those on low incomes will be helped and people with greater wealth will contribute most.

"Of course today's budget required compromise, but the country can clearly see the Liberal Democrats have a major influence on UK economic policy. From now on, Britain will be a fairer place.

"Liberal Democrats made the correct judgement last month to be influential partners in a majority coalition, rather than be marginalised opponents of a minority Government entirely implementing Conservative policies. We will make sure that the spending reductions reflect Liberal Democrat priorities and always protect the needy and the vulnerable."