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Budget 2015 live: The first Tory Budget for 19 years… so whose pockets is George Osborne about to pick - and whose will to line? Budget 2015 live: Osborne scraps maintenance grants for poorest students and caps public sector pay rises to 1 per cent
(35 minutes later)
Here are the latest updates:Here are the latest updates:
● Whose pockets will George Osborne pick?● Which benefits will be cut? Here's a chart● 40 per cent tax threshold to go up● Pace of welfare cuts set to slow● Poorer students to lose uni grants● Osborne family '£6m tax have property deal'● Tax credit cuts to affect 7 million children ● New national living wage of £9 an hour by 2020
● Maintenance grants for students to be scrapped
● Public sector pay capped at 1% for four years
● Working age benefits frozen for 4 years
● Higher rate tax threshold raise to £43,000
● Corporation tax cut cut to 18% in 2020
● Non-dom status rules to be tightened
● 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.