Budget 2017 live: Philip Hammond announces free school funds, and tax rises for self-employed

Live coverage, reaction and analysis to the chancellor’s first, and final, spring budget

  • Latest: More funds for free schools
  • National Insurance rates hiked for self-employed
  • Labour: Manifesto commitment broken
  • Hammond raises growth forecast for 2017
  • £435m of business rate help
  • Budget highlights start here
  • Budget 2017: The Key Points

The net impact of the measures in today’s budget is quite small.

There is an increase in spending of £1.5bn in the next financial year (mainly the extra support for social care), but this is balanced by tax increases from 2019.

The budget red book runs to just 64 pages. Last year’s was 146 page long.

Thin stuff? This year's Sping Budget red book compared to last year's pic.twitter.com/iRd03NQHod

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