The First Conservative Budget Since the Election

The First Conservative Budget Since the Election
The Chancellor of the Exchequer George Osborne (4th R) and his treasury team Greg Hands, David Gauke, Damian Hinds, Harriet Baldwin and Lord O'Neill of Gatley present the ministerial red box up to the media as he leaves 11 Downing Street on July 8, 2015 in London, England. The Chancellor is presenting his summer budget today to Parliament and is expected to announce £12 billion in welfare cuts.
(July 7, 2015 - Source: Stuart C. Wilson/Getty Images Europe)