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Budget 2015: We need a 'lower taxes & higher pay' system

The second budget of the year will be announced by the Chancellor tomorrow, and he's been on the airwaves already, advertising some of his wares: a lower benefits cap, higher rents for well-off tenants in social housing, cuts in inheritance tax - and today news of longer Sunday trading hours. Though these changes will reduce some of the government's overheads, the Chancellor still has to get rid of even more from the public stockroom if he wants to make a tidy surplus ...

Jo Coburn was joined by the Conservative MP Oliver Dowden - who until the election worked in Number 10 as David Cameron's deputy chief of staff. And by the Labour MP Toby Perkins who is a shadow business minister

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13 minutes

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