The Chancellor has presented his Budget to Parliament
Here’s a summary of what was announced.
The UK economy had the fastest annual growth among G7 economies in 2014, and the strongest annual growth since 2007. At the end of 2014, employment had reached its highest ever level, unemployment has been falling in every region across the UK, and inflation is at a record low.
But risks still remain and there is still more to do to support businesses and boost productivity.
Read the Budget document in full.