British workers and businesses are to benefit from the "biggest tax cuts" to personal and business taxes in "two decades", says George Osborne.
He also said the benefit system will be more affordable and fairer, with Britain creating jobs faster than almost any country in the world.
More top news
Wayne Rooney and his wife Coleen are expecting their fourth child, the couple have announced.
As the silence came to an end the crowd began to applaud and people shouted "I am not afraid!" in defiance of the attacks.
Italian Bruno Gulotta, 35, and Belgian mother Elke Vanbockrijck have been confirmed among the dead after a van mowed through crowds.