Budget 2024 live: Everything Jeremy Hunt announced, from the price of cigarettes to pensioners

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Key takeaways from Jeremy Hunt's Spring 2024 Budget

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Jeremy Hunt's tax cuts pose 'significant risks', the watchdog has warned, with Labor accusing the government of 'literally burning the house down' in matters of finance and public services. .

The Chancellor announced a further two percentage point cut to National Insurance among a series of measures aimed at wooing voters ahead of this year's general election, as the Conservatives' popularity languishes to its lowest level in 45 years.

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The Office for Budget Responsibility (OBR) has issued a warning following today's statement, as it also revealed that the average worker on a salary of £35,000 will be £383 worse off this year and next due to stealth tax rises. .

A Labor Party spokesperson told reporters after the budget: "We are under no illusions about the seriousness of the legacy if we are to win the next election."

In his hour-long speech, which began with opposition MPs interrupting, Mr Hunt also announced that the alcohol tax freeze would be extended until February 2025, and that 'A 5p cut in fuel duty was to continue for another 12 months.

He promises...