Nick Clegg has said the richest people in the country must "pay their fair share" of tax.

Speaking to the Today programme, the deputy prime minister said: "There's a big dividing line between people who when faced with the prospect of having to make more savings immediately reach to ask the poorest to make more sacrifices.

"We cannot make the welfare budget immune to further savings, but we've got to ask people who are far better off to make a contribution."

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