Here are the key points from George Osborne's Budget:

:: Personal tax-free allowance will be increased to £10,800 in April 2016, and to £11,000 in April 2017.
:: Beer duty to be cut for the third year running, with 1p off the price of a pint. Cider duty to be cut by 2%. Duty on scotch whisky and other spirits to be cut by 2%. Wine duty to be frozen.
:: Pension pot lifetime allowance to be reduced from £1.25m to £1m from next year.
:: National Minimum Wage will rise by 20p an hour to £6.70 from October.
:: Corporation tax to be cut to 20% in two weeks’ time.
:: A "Help to buy ISA" will be launched for first-time buyers. For every £200 saved for a deposit, the Government will top it up with £50.
:: A personal savings allowance to be launched, taking 95% of Britons out of savings tax altogether.
:: Fuel duty increase scheduled for September is cancelled.
:: Employers’ National Insurance contributions for under-21s to be abolished from this April, and for young apprentices from April 2016.
:: Class 2 National Insurance contributions for the self-employed to be abolished entirely in the next parliament.
:: Annual tax return to be abolished altogether.
:: North Sea oil industry to receive £1.3bn in support through four new measures.
:: Legislation next week on diverted profits tax aimed at multinationals shifting profits offshore, with policy to take effect at the start of April.
:: The Office for Budget Responsibility says Britain's economy grew by 2.6% last year.
:: Growth forecast for 2015 revised up by 0.1% to 2.5%, with unemployment set to fall by 0.1% from 5.4% to 5.3%.
:: OBR revises 2015 inflation forecast down to 0.2%.