Summary of Budget 2018: Key points at-a-glance


Philip Hammond is delivering his third Budget as chancellor from 15:30 GMT. Here are the key points of his speech so far. It is being updated as he addresses MPs.

The state of the economy

The state of the public finances

Brexit

  • A commemorative 50p coin to mark the UK’s departure from the EU (announced on 29 October)

Alcohol, tobacco and fuel

  • Fuel duty to be frozen for ninth year in a row (announced on 3 October)

Personal taxation and wages

Stamp duty and housing

Welfare and pensions

Business and digital

  • £900m in business rates relief for small businesses and £650m to rejuvenate high streets (announced on 26 October)
  • Review of laws on wedding venues in England & Wales (announced on 26 October)

Education and health (England only)

  • A minimum extra £2bn a year for mental health services (announced on 28 October)

Transport, Infrastructure and Culture

  • A £30bn package for England’s roads, including repairs to motorways and potholes (announced on 27 October)

Environment and Energy

  • £60m for planting trees in England

Nations and regions



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