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  1. ITV Report

Budget 2017: Key points at a glance

Philip Hammond's first Budget will be the last delivered in the spring. Credit: PA

The standout announcement of Chancellor Philip Hammond's first Budget address was the £2 billion pledged to tackle the crisis in social care in England.

He also appeared to break a key Tory manifesto pledge by raising National Insurance for the self-employed.

Here are the other key points from the 2017 Budget:

SOCIAL CARE

  • An extra £2 billion to fund social care in England over the next three years to help councils and ease pressure on the NHS.
  • A pledge not to include a "death tax" in forthcoming options for social care funding.

BUSINESS

  • Most pubs are to be given a £1,000 discount on business rates as part of a £435 million package aimed to ease the burden on small businesses.
  • Rate rises for businesses losing existing relief will be capped at £50 per month.
  • New quarterly reporting to be delayed by one year for businesses with turnover below the VAT registration threshold.
  • Councils will be given a £300 million fund to deliver "discretionary relief" to hard-pressed firms in their areas.
  • Review of taxation of North Sea oil producers.
Planned increases in business rates had threatened the livelihoods of pub owners across the country. Credit: PA

TAX AND EMPLOYMENT

  • National Insurance contributions paid by self employed to increase by 1% to 10% in 2018.
  • Tax free dividend allowance to be reduced from £5,000 to £2,000 from April 2018.
  • Thresholds for income tax will increase to £12,500 for basic rate and £50,000 for the higher rate by the end of this Parliament.
  • Clampdown totalling £820 million on tax avoidance plus new penalties for people who enable avoidance arrangements.
  • An extra £5 million will go towards promoting "returnships" to help people back to work after a career break, such as those taken to have children and raise a family.
  • Measures to tackle abuse of overseas pension schemes.

HEALTH, TOBACCO AND FUEL

  • Sugar tax levy to be imposed at 18p (on drinks with 5g of sugar per 100ml) and 24p per litre (on drinks with more than 8g per 100ml).
  • No increases in alcohol or tobacco duties on top of those previously announced but a new minimum excise duty will be placed on cigarettes priced at £7.35.
  • Vehicle excise duty rates for hauliers and the HGV Road User Levy frozen for another year.
A sugar tax will be imposed on some soft drinks. Credit: PA

NHS

  • Additional £325 million of capital to allow the first NHS Sustainability and Transformation Plans to proceed.
  • An extra £100 million for more GPs to work in A&E during the winter months to help cut waiting times.
Philip Hammond declared the Conservatives the 'party of the NHS' as he announced new investments. Credit: PA

EDUCATION

  • New T-Levels to be introduced for technical education through the further education route.
  • Schools White Paper will remove barriers to creation of faith based and selective free schools, with funding for a further 110 new free schools on top of the current commitment to 500.
  • Free school transport extended to all children on free school meals who attend selective schools.
  • Number of hours of training for technical students aged 16 to 19 to be increased by more than 50%, including a high quality three month work placement.
  • University-style maintenance loans for those undertaking higher level technical qualifications at Institutes of Technology and National Colleges.
  • Investment of £40 million in pilots of lifelong learning schemes.
  • Working parents with three-and-four-year-olds will see their free childcare entitlement doubled to 30 hours a week from September, a move worth up to £5,000 a child.
  • An extra £300 million to support 1,000 new PhD places and fellowships in STEM (science, technology, engineering and maths) subjects.
  • Upgrade fund of £216 million for existing schools.

WOMEN'S RIGHTS AND DOMESTIC VIOLENCE

  • New funding totalling £20 million to support the campaign against violence against women and girls.
  • The Government commits £5 million to projects celebrating the centenary of the 1918 law giving women the vote.
The government has pledged £20 million funding for a campaign against domestic violence. Credit: PA

REGIONAL INVESTMENT

  • Additional funding of £350 million for the Scottish government, £200 million for the Welsh government and almost £120 million for the incoming Northern Ireland Executive.
  • A deal with London Mayor Sadiq Khan on further devolution.
  • £90m transport investment for the north of England and £23m for Midlands roads.
  • Plans to publish Midlands Engine Strategy on Thursday.
  • A £690 million competition fund for English councils to tackle urban congestion.

TECHNOLOGY

  • £270m spend on new technologies, including robots and driverless vehicles.
  • £200m for local broadband network and £16m for 5G mobile technology.