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The Budget 2015: Some of the key highlights

Chancellor George Osborne has delivered his sixth Budget, and the last of the current Parliament.

He has offered an increase in tax-free earnings, pushing up the amount in ISA's while freezing duty on fuel and cutting it on beer and cider.

Here are some of the highlights:

Beer duty cut by 1p, cider by 2p, scotch whisky by 2p Credit: PA Wire
  • Squeeze on public spending to end a year earlier than planned in 2019-2020.
  • Welfare bills set to be an average of £3bn lower each year than predicted in December.
  • Beer duty cut by 1p, cider by 2p, scotch whisky by 2p, wine duty frozen
  • Tobacco and gambling taxes remain unchanged
  • Petrol duty frozen
  • The tax-free personal allowance to rise from £10,600 in 2015-6 to £10,800 in 2016-7 and £11,000 in 2017-8

Budget 2015: Nottingham protests against austerity

The chancellor will announce his Budget for 2015 later Credit: PA Wire

On the day Chancellor George Osborne delivers his Budget for 2015 a demonstration will be held in Nottingham in protest against austerity.

The People's Assembly Against Austerity say living conditions are tougher than ever.

The march will start at the Brian Clough Statue from 5pm.


#ITVSchoolDebate - The Prime Minister's reaction

The Prime Minister David Cameron was live in the ITV News Central studio last night. He saw clips from our big ITV School Debate programme, and said the students made "very good comments". Click below to hear his reaction to their stance on youth disengagement with politics and more.


#ITVSchoolDebate - What you think!

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