New Zealand parliament in lock down after security threat ahead of budget

WELLINGTON (Reuters) - New Zealand's parliament was in lock down on Thursday after a security threat, but the annual 2016 budget would proceed as planned. New Zealand police said a man had been arrested in relation to the incident and that a vehicle at the center of the threat had been cleared and will be removed from the parliament forecourt. "The security situation is contained, however Parliament remained locked down. #Budget2016 proceeding as planned," NZ Parliament tweeted. New Zealand will present its annual budget at 10 p.m. ET. (Reporting by Swati Pandey; Editing by Michael Perry)