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The Chancellor has highlighted five key industries set to benefit from today's Budget, as he tries to move the UK away from a reliance on companies in the finance sector.

The limit at which child benefit will be scrapped for families has been increased to £50,000, Chancellor George Osborne announced today.

The point at which people start paying income tax will be increased to £9,205 from April next year, George Osborne announced in today's Budget.

Chancellor George Osborne has confirmed £20bn will be made available to small and medium sized businesses through a government-backed scheme.

The Chancellor has set out plans to clamp down on the use of tax loopholes and reliefs as part of a raft of measures targeting the wealthy.

The 50p top rate of income tax will be reduced to 45p from April next year, Chancellor George Osborne announced this afternoon.

Corporation tax is to be reduced from 26% to 24% from 1 April in an attempt to attract business investment.

The Chancellor has confirmed a £140 a week flat-rate basic state pension will be introduced early in the next Parliament.

Chancellor George Osborne has confirmed he will consult on launching perpetual gilts and gilts with a life longer than 50 years, despite a wave of criticism from potential investors.

The government is to investigate pinning the state pension age (SPA) to longevity, the Chancellor has said.