Summary

  • Stamp duty to be abolished for all first-time buyers up to £300,000

  • Official economic growth estimate is downgraded

  • Business rate cut brought forward and £2.8bn extra for NHS in England

  • Higher road tax for diesel cars - not vans - to pay for "clean air fund"

  • Universal Credit - pledges made on reduced waiting and claimant advances

  • Jeremy Corbyn calls Budget a "record of failure with a forecast of more to come"

  1. Women 'hit hardest by cuts'published at 10:43 Greenwich Mean Time 22 November 2017

    BBC Radio 4

    Woman with babyImage source, Getty Images

    Cuts to public services and benefits affect women the most, says Mary-Ann Stephenson, co-director of the Women's Budget Group (which looks at the impact of the Budget on women's finances).

    "Women are poorer than men, women are more likely to use public services than men, and when those services disappear women are the ones more likely to have to provide the unpaid care work," she tells Woman's Hour on BBC Radio 4.

    Black and ethnic minority women are hit "the hardest of all", she says. They are more likely to be poor, and more likely to be in bigger families so will be hit by the cap on child benefit.

  2. What the Budget means for you - in 90 secondspublished at 10:37 Greenwich Mean Time 22 November 2017

  3. Why is it chancellor of the exchequer?published at 10:33 Greenwich Mean Time 22 November 2017

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  4. 'Housing always hard'published at 10:26 Greenwich Mean Time 22 November 2017

    Victoria Derbyshire

    Margaret Dangoor

    A panel of guests are telling the BBC's Victoria Derbyshire about their Budget worries.

    Pensioner Margaret Dangoor (pictured), who cares for her husband, says she wants to hear about health and social care policy.

    But also, for student Toluwa Agboola sitting alongside her, she is concerned about young people affording a place to live.

    Though it's never been easy. "It was quite hard," says Margaret. "I've been married 50 years. We didn't get help from our parents. And back then, a woman's salary was not taken into account with mortgage applications.

    "We weren't well off; the average middle class couple would be working hard.

    "Right through the generations in different ways, most of us have found it hard to get on the housing ladder."

  5. 'Invest in people'published at 10:18

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  6. NI spending power unlikely to increase in Budgetpublished at 10:14 Greenwich Mean Time 22 November 2017

    Philip Hammond

    The Chancellor's budget is unlikely to mean much extra spending power for Northern Ireland.

    Spending for Northern Ireland is largely determined by the operation of the Barnett Formula.

    In crude terms, the formula means that if spending falls or rises on public services in England, it will also change by a proportionate amount in Northern Ireland.

    There has been speculation that the chancellor will allocate funds to allow pay increases for some health service staff.

    However, the situation in Northern Ireland is complicated by the current lack of devolved government.

    Read more on this story here.

  7. Maybots 'kind of stylish'published at 10:10 Greenwich Mean Time 22 November 2017

    As the GMB union holds a pre-Budget protest, the FT's chief political correspondent tweets...

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  8. Markets becalmed before Budgetpublished at 10:04 Greenwich Mean Time 22 November 2017

    City traderImage source, Getty Images

    There's only one big event for traders in the City of London today. All eyes will be on Chancellor Philip Hammond when he stands up to deliver his Budget at 12:30pm.

    Ahead of that, the UK markets are little moved. The FTSE 100 share index is slightly higher, rising 0.3% to 7,431 points.

    The pound is up 0.1% against the dollar, buying $1 and 32.5 cents. Against the euro, sterling has edged 0.1% lower to €1 and 12.6 cents.

  9. 'No big bazooka on housing'published at 09:58 Greenwich Mean Time 22 November 2017

    Laura Kuenssberg
    BBC political editor

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  10. No extra money for public sector pay... but some for the NHSpublished at 09:57 Greenwich Mean Time 22 November 2017

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  11. Budget coverage on BBC Twopublished at 09:55 Greenwich Mean Time 22 November 2017

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  12. Follow the BBC's Budget expertspublished at 09:52 Greenwich Mean Time 22 November 2017

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    We've done the legwork for you - if you are following the Budget via Twitter, then this list of the BBC's business and politics experts is a must.

  13. 'Business rates, not Brexit'published at 09:49 Greenwich Mean Time 22 November 2017

    Simon Jack
    BBC Business Editor

    What are businesses looking for in the Budget?

    "Can he inoculate the business community against the uncertainty about Brexit? No," BBC business editor Simon Jack says on the Today Programme.

    "For millions of small businesses, business rates mean more than Brexit."

    Companies would like to see the tax - which is charged on the value of their property - frozen, or at least linked to the lower CPI measure of inflation, he says.

  14. Graduates 'should have got vocational training'published at 09:45 Greenwich Mean Time 22 November 2017

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  15. A boost for West Midlands?published at 09:43 Greenwich Mean Time 22 November 2017

    Today Programme
    BBC Radio 4

    Dominic O'Connell and Andy Street

    The Today business team has been speaking to business leaders this morning at the Grand Central shopping centre in Birmingham.

    Andy Street, the first mayor of the West Midlands (pictured right), and formerly of John Lewis, told Dominic O'Connell about his hopes for a cash boost in today's Budget.

    A devolution deal in 2015 gave regions money to invest in their own infrastructure. "We're hoping a second devolution deal will be announced today," says Mr Street.

    The chancellor already announced £250m for the region's metro system on Monday. Mr Street also wants help for the West Midlands to support "the new industries of the future".

    "Our competition is not Manchester or London," he says. It's competing with other big export cities like Berlin or Boston.

  16. Budget day - your essential guidepublished at 09:39 Greenwich Mean Time 22 November 2017

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  17. Your chance to react to the Budget this afternoonpublished at 09:38 Greenwich Mean Time 22 November 2017

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    Take part in the phone-in on Radio 4's personal finance programme.

  18. Place your bets...published at 09:20 Greenwich Mean Time 22 November 2017

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  19. 'Massive investment' needed in roads, hospitalspublished at 09:17 Greenwich Mean Time 22 November 2017

    BBC Breakfast

    Breakfast's Steph McGovern with Susan

    Families have been explaining their Budget concerns to BBC Breakfast.

    Retired teacher Susan feels massive amounts of investment are needed for roads and rail transport.

    Her family point out HS2 might go some of the way to linking Leeds and Manchester with London but the "true North", Darlington for example, is still left behind.

    Her heavily-pregnant daughter Nicola says the local hospital's maternity wing is closing.

    Susan adds: "If we need a hospital, we have to travel 20 miles. We would never have envisaged a time when a town the size of Darlington would lose theirs."

  20. Hammond 'needs help from companies'published at 09:15 Greenwich Mean Time 22 November 2017

    Simon Jack
    BBC Business Editor

    If the chancellor is going to fix the UK's productivity problem, he needs companies to help him out, BBC business editor Simon Jack tells the Today Programme.

    A downgrade is expected in the UK's productivity - the ability of the economy to create wealth - in today's Budget.

    "It's not actually the government's job to make companies more productive," Simon says. "It's the companies themselves, so businesses will be saying 'Give me a reason to do some of your work for me.'"