George Osborne has delivered his eighth Budget as chancellor. Here are the main points of what he said.

Health and education
A new sugar tax on the soft drinks industry to be introduced in two years' time, raising £520m which will be spent on primary school sport
Levy to be calculated on levels of sugar in sweetened drinks produced and imported, based on two bands
Pure fruit juice and milk-based drinks to be excluded
Secondary schools in England to bid for new funding for extra activities like sport and art
Plan for 25% of secondary schools to stay open after 15:30
Plan for all schools in England to become academies by 2022
Plans to enable all pupils to study maths until 18
£500m to ensure "fair funding" formula for schools in England
Libor funds to be spent on children's hospital services, specifically in Manchester, Sheffield, Birmingham and Southampton

The state of the economy
Growth forecasts revised down for next three years
Growth forecast to be 2% in 2016, down from 2.4% in November's Autumn Statement
GDP predicted to grow 2.2% and 2.1% in 2017 and 2018, down from 2.4% and 2.5% forecast four months ago
Outlook for global economy is "materially weaker" and UK "not immune" to slowdown elsewhere
The UK will still grow faster than any other major Western economy
A million jobs forecast to be created by 2020
Inflation of 0.7% forecast for 2016

Public borrowing/deficit/spending
Further spending cuts of £3.5bn by 2020
Spending as a share of GDP to fall to 36.9% by 2020
Debt targets to be missed. Forecast debt as a share of GDP revised up in each of the next five years to 82.6% in 2016-17 and 81.3%, 79.9%, 77.2%, 74.7% in subsequent years
Debt to be £9bn lower in 2015-16 in cash terms
The deficit as a share of GDP is projected to fall to 2.9% in 2016-17, 1.9% in 2017-18 and 1% in 2018-19

Personal taxation
The threshold at which people pay 40% tax will rise from £42,385 to £45,000 in April 2017
Tax-free personal allowance to rise to £11,500 in April 2017
Capital Gains Tax to be cut from 28% to 20%, and from 18% to 10% for basic-rate taxpayers
1% rise in insurance premium tax

Alcohol, tobacco, gambling and fuel
Fuel duty to be frozen for sixth year in a row
Beer, cider, and spirits duties to be frozen
Excise duties on tobacco to rise by 2% above inflation

Pensions and savings
Annual Isa limit to rise from £15,000 to £20,000
New "lifetime" Isa for the under-40s, with government putting in £1 for every £4 saved
New state-backed savings scheme for low-paid workers, worth up to £1,200 over four years
The Money Advice Service, which has provided financial advice to consumers since 2010, is to be abolished.

Business
Headline rate of corporation tax - currently 20% - to fall to 17% by 2020
Anti-tax avoidance and evasion measures to raise £12bn by 2020
Annual threshold for small business tax relief to be raised from £6,000 to a maximum of £15,000, exempting thousands of firms
Supplementary charge for oil and gas producers to be halved from 20% to 10%
Petroleum revenue tax to be "effectively abolished"
£9bn to be raised by closing corporate tax loopholes and tax minimisation schemes
Use of "personal service companies" by public sector employees to reduce tax liabilities to end
Commercial stamp duty 0% rate on purchases up to £150,000, 2% on next £100,000 and 5% top rate above £250,000. New 2% rate for high-value leases with net present value above £5m. Effective from midnight

Housing/infrastructure/transport/regions/energy

New rail lines to get green light, including Crossrail 2 in London and the HS3 link between Manchester and Leeds
More than £230m earmarked for road improvements in the north of England, including upgrades to M62
£700m for flood defences schemes
Tolls on Severn River crossings to be halved by 2018
In Scotland, Libor bank fines to pay for community facilities in Helensburgh and for naval personnel at Faslane
New elected mayors for cities and towns in southern England

Welfare
Disability benefits bill to increase in real terms