Who are winners and losers in Wales in welfare changes?

Wales must work out its own solution to the changing welfare system outlined in Chancellor George Osborne's Budget, a think-tank says.

The Bevan Foundation warns if the policymakers do not develop their own ways to help, benefit changes will drive some deeper into poverty rather than into stable work.

Ministers will need to fill "holes" which will appear in a welfare system with a shrinking safety net.

The Treasury said the chancellor wanted to move towards a "higher wage, lower tax and lower welfare society".

Dr Victoria Winckler, director of the Bevan Foundation, told BBC Wales economics correspondent Sarah Dickins there will be winners and losers.