The chancellor, George Osborne, has announced £6.25bn worth of cuts to government spending. Among the measures announced today was the abolition of the Child Trust Fund. Columnist Polly Toynbee says it was a successful way for poorer families to provide security for their children. In our Westminster office, Michael White says the Liberal Democrats' David Laws, chief secretary to the Treasury, was the coalition government's hatchet man.
Julian Borger, our diplomatic editor, looks at the impact of the Guardian's revelation of how Israel attempted to sell nuclear weapons to South Africa's apartheid-era regime.
And art critic Adrian Searle gives his view of the latest artwork to adorn the empty fourth plinth in London's Trafalgar Square - Yinka Shonibare's replica of Nelson's warship HMS Victory in a bottle.
