In Scotland, First Minister's Questions is under way. You can follow it here.

Angela Eagle, the shadow leader of the house, says this Parliament will be remembered for being so devoid of business the term "zombie parliament" has entered the political lexicon. She says George Osborne spent £80bn on jokes in the Budget speech. She promises her jokes will always be cheaper than that.

tweets, external: This is a thing that is actually happening

Image source, Michael Deacon

Adam Nicholls, Politics live reader

This election is building up to be an exciting close contest with no one party likely to have an overall majority. My question that I think the media should be looking into is this: Do Labour supporters actually believe Ed Miliband will ever be prime minister? I am sure he is a nice guy, but he just doesn't come across well in this image obsessed digital age.

Adam Nicholls, Politics live reader

This Lib Dem alternative Budget brings one saying to mind: "If a tree falls in the woods and no-one is around to hear it, does it make a sound?"

Image source, PArliament

William Hague is currently delivering his final business statement as leader of the House of Commons. He's standing down at the election. Mr Hague says MPs who are standing down will be given the chance to make valedictory speeches next Thursday.

Martin Lewis from moneysavingexpert.com says the new personal savings allowance is a "seismic" change to the structure of taxation in this country. But he has concerns about the new pension freedoms. Far from being reckless, he thinks people may be too cautious with their pension savings. At least with annuities people got an income and spent it, he says.

Tory MP Matthew Offord welcomes Danny Alexander's speech. He says the Lib Dem alternative budget allows him to campaign for his own manifesto and "give us a clear blue water between the two parties".

tweets, external: #Budget2015 +1 seems to be the day when the coalition government consciously uncouples

Where will the £12bn cuts to the welfare budget fall, Labour's Alan Cunningham asks. Danny Alexander says he does not support the Tory policy of that level of cuts.

Labour's Susan Elan Jones asks the point of what Danny Alexander is saying today. The chief secretary to the treasury says it is clear there are many paths open to the country - this alternative scenario being set out is one he would endorse.

Sir Malcolm Bruce congratulates Danny Alexander on ensuring wealthy pay a higher rate of tax. And he says today's alternative Budget is a "perfectly reasonable" way of coalition partners setting out an alternative view points.

And he's stopped. We wonder whether he's seen the discussion on twitter? Or perhaps the presence of Leader of the House, William Hague in the chamber helped ease the Speaker's mood?

So how many times has House of Commons Speaker John Bercow sighed in exasperation during the current debate? We've noticed he's done it almost every time he's picked someone to ask Danny Alexander a question. We'll try and check back and let you know but it appears the Speaker might be a little bored by these exchanges.

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Danny Alexander says all policy measures in the Budget were agreed across the coalition. He accuses the Labour party of having no plan of its own.

Daily and Sunday Politics

tweets:, external Was that the Speaker audibly sighing very loudly? Prepared to be wrong.

Tory MP Adam Afriyie says he is "stunned" by Danny Alexander's speech, saying it represents politics at its worst. The backbencher says the statement is a betrayal of the Lib Dem's role in government.

Danny Alexander says Chris Leslie should get used to coalition governments. And he says no resources were expended on today's alternative budget, except the work of civil servants.

On tax, Chris Leslie asks why we should believe these measures will be any different to "failed" tax evasion exposure deals with Switzerland? Will he now admit it was an error for Lord Greene to be appointed a minister?

At the 11th hour, Danny Alexander is trying to distance himself from the chancellor, Mr Leslie claims. Is he now saying he doesn't back the Budget and won't vote for it? The Lib Dems have backed the Tories all the way, and now its time to pay the price, Mr Leslie concludes.

"What a farce," shadow chief secretary to the treasury Chris Leslie says in response to Danny Alexander. He accuses him of using the government dispatch box for party political statements. "Can we all have a shot of using parliament's time and civil servants time for such purposes," he asks.