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| Budget 2015 as it happened: Osborne scraps maintenance grants for poorest students and caps public sector pay rises to 1 per cent | |
| (about 3 hours later) | |
| Here are the latest updates: | Here are the latest updates: |
| ● OBR says new Living Wage will cost 60,000 jobs | ● OBR says new Living Wage will cost 60,000 jobs |
| ● Chart that shows Living Wage is political spin | ● Chart that shows Living Wage is political spin |
| ● The most radical Budget in years | ● The most radical Budget in years |
| ● Maintenance grants for students to be scrapped | ● Maintenance grants for students to be scrapped |
| ● Working age benefits frozen for 4 years | ● Working age benefits frozen for 4 years |
| ● Higher rate tax threshold raise to £43,000 | ● Higher rate tax threshold raise to £43,000 |
| ● Corporation tax cut cut to 18% in 2020 | ● Corporation tax cut cut to 18% in 2020 |
| ● Osborne family '£6m tax have property deal' | ● Osborne family '£6m tax have property deal' |
| Please wait a moment while the liveblog loads. | Please wait a moment while the liveblog loads. |
| The Conservative manifesto pledged to cut the tax by raising the threshold. It is currently paid by those on incomes of over £42,385. | The Conservative manifesto pledged to cut the tax by raising the threshold. It is currently paid by those on incomes of over £42,385. |
| The Daily Telegraph says the threshold rise will save higher earners as much as £1,300 a year. | The Daily Telegraph says the threshold rise will save higher earners as much as £1,300 a year. |