Ten Things You Need to Know Today: Wednesday 20 Mar 2013

1. OSBORNE HALVES GROWTH FORECAST

Chancellor George Osborne has cut his official growth forecast in half, but insisted the UK would avoid a "triple dip" recession. He said growth in 2013 would be 0.6% - half the 1.2% he predicted four months ago. Osborne used today's Budget to cut corporation tax by 1% to 20%, and cancelled this autumn's planned fuel duty rise.

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