All politicians accept there are growing demands on the NHS and that the drugs bill can be eye-watering.

BBC: Will negative headlines force U-turn in NHS reforms?

Whether such eye-watering cuts can really be made is one of the big unanswered questions raised by this budget.

ECONOMIST: Britain's emergency budget

An investor who pays 90 cents on the dollar for debt that is almost certain to be repaid can make mouth-watering returns with minimal leverage.

ECONOMIST: Tempting morsels for strong stomachs