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Budget 2017 summary: Key points at a glance on the economy, Brexit and housing Budget 2017 summary: Key points at a glance on the economy, Brexit and housing
(35 minutes later)
Philip Hammond has delivered his Budget for Autumn 2017, announcing economic growth forecasts have been downgraded amid economic uncertainty following the Brexit vote. Philip Hammond has delivered his Budget for Autumn 2017, announcing economic growth forecasts have been downgraded amid economic uncertainty following the Brexit vote.
But the Chancellor also had good news for some, including first time buyers, with an announcement that stamp duty on houses costing £300,000 or less will be scrapped. But the Chancellor also had good news for some, including first time buyers, with an announcement that stamp duty on houses costing £300,000 or less will be scrapped. 
Here are the key measures announced:Here are the key measures announced:
Income tax-free personal allowance to rise to £11,850 and higher rate threshold to £46,350 in April 2018, leaving the typical basic rate tax payer £1,075 a year better off compared to 2010. Income tax-free personal allowance is to rise to £11,850 and the higher rate threshold to £46,350 in April 2018. 
National Living Wage to rise in April 2018 by 4.4%, from £7.50 an hour to £7.83. That compares with the current personal allowance of £11,500 and higher rate threshold of £45,000.
The Chancellor is setting aside £3 billion over the next two years for Brexit preparations and stands ready to allocate further sums if and when needed. The changes will leave the typical basic rate tax payer £1,075 a year better off compared to 2010, the Government said.
National Living Wage is also due to rise in April 2018 by 4.4 per cent, from £7.50 an hour to £7.83.
The Chancellor is setting aside £3bn over the next two years for Brexit preparations and stands ready to allocate further sums if and when needed.
The major spending pledge for the EU withdrawal process comes after Mr Hammond confirmed the Government had already spent £700m on Brexit preparations.
"No one should doubt our resolve," he said.
Mr Hammond previously faced criticism for refusing to release large amounts of money to prepare for a no deal Brexit until the last possible moment.
But speaking today he said the £3bn would be used to prepare for "every possible outcome".
Extra cash is expected to go to the environment and transport departments, and the Home Office to fund changes to immigration and customs rules, among others.
The OBR expects debt to peak this year and then gradually fall as a share of GDP, Mr Hammond said this was a "turning point in our recovery".The OBR expects debt to peak this year and then gradually fall as a share of GDP, Mr Hammond said this was a "turning point in our recovery".
Tobacco duty escalator to continue at inflation plus 2 per cent, with an additional 1% duty on hand rolling tobacco this year. Legislation to increase duty on high-strength low-quality alcohol from 2019, but duties on other ciders, wines, spirits and on beer to be frozen. Tobacco duty escalator to continue at inflation plus 2 per cent, with an additional 1 per cent duty on hand rolling tobacco this year. Legislation to increase duty on high-strength low-quality alcohol from 2019, but duties on other ciders, wines, spirits and on beer to be frozen.
At least £44 billion of capital funding, loans and guarantees over five years to support house-building and deliver 300,000 new homes a year.At least £44 billion of capital funding, loans and guarantees over five years to support house-building and deliver 300,000 new homes a year.
Abolition of stamp duty for all first-time buyer home purchases up to £300,000.Abolition of stamp duty for all first-time buyer home purchases up to £300,000.
Taxes or charges could be levied on single-use plastics to help the UK lead the way on tackling "the scourge" littering the environment, the Chancellor has signalled.
Cancellation of fuel duty rise for both petrol and diesel which had been scheduled for April.Cancellation of fuel duty rise for both petrol and diesel which had been scheduled for April.
Support for electric vehicles through the establishment of a new £400m charging infrastructure fund, an extra £100m in plug-in-car grant, and £40m for charging R&D. Support for electric vehicles through the establishment of a new £400m charging infrastructure fund, an extra £100m in plug-in-car grant, and £40m for charging R&D.
Additional commitment of £2.8bn to the NHS in England, £350m to be provided immediately to allow trusts to plan for this winter and £1.6bn in 2018/19, with the balance in 2019/20. Additional commitment of £2.8bn to the NHS in England, £350m to be provided immediately to allow trusts to plan for this winter and £1.6bn in 2018/19, with the balance in 2019/20.
Investment of £500m in a range of technological initiatives ranging from artificial intelligence, to 5G and full fibre broadband Investment of £500m in a range of technological initiatives ranging from artificial intelligence, to 5G and full fibre broadband
New £1.7bn Transforming Cities Fund to give elected mayors the "fire power" to deliver local priorities. Decisions taken in this Budget also mean £2bn more for the Scottish Government, £1.2bn more for the Welsh Government and over £650m more for a Northern Ireland executive. New £1.7bn Transforming Cities Fund to give elected mayors the "fire power" to deliver local priorities. Decisions taken in this Budget also mean £2bn more for the Scottish Government, £1.2bn more for the Welsh Government and over £650m more for a Northern Ireland executive.
Some £40m will be made available to train maths teachers and the number of trained computer science teachers will be tripled to 12,000. Some £40m will be made available to train maths teachers and the number of trained computer science teachers will be tripled to 12,000.