Miliband: The chancellor’s plans have failed
The leader of the opposition reacts to the chancellor's Budget speech:
"After today's Budget millions will be paying more so that millionaires can pay less.
"We're into 2012, and unemployment is rising month upon month upon month- his plan has failed.
"He promised us last year the deficit would be gone by the end of this parliament – but he is borrowing £150 billion more than he said he would.
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"He's the man who chose to spend millions of pounds on those who need it least. Wrong choices, wrong priorities, wrong values. Out of touch – the same old Tories."