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Budget 2015 live: North sea oil, tax savings and beer duty cut to feature in Osborne's speech Budget 2015 live: George Osborne makes his last play to sway voters ahead of General Election
(35 minutes later)
George Osborne is expected to put the focus on new pension rules and a UK-wide economic recovery in today's pre-election Budget. Other announcements to look out for include: George Osborne is delivering his final Budget speech ahead of the General Election.
The Chancellor says the UK has grown faster than any other major and advanced economy in the world.
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UK economic growth has benefited from the falling price of oil, an uplift in European growth thanks to cash injections from the European Central Bank and a decreasing borrowing costs - three areas Osborne has had little control over, though he may well take credit for the improvement in our fortunes.UK economic growth has benefited from the falling price of oil, an uplift in European growth thanks to cash injections from the European Central Bank and a decreasing borrowing costs - three areas Osborne has had little control over, though he may well take credit for the improvement in our fortunes.
Fortunes have improved: the UK economy grew by 2.6 per cent last year. The last time growth exceeded this was before the financial crisis in 2006, when growth was 3 per cent.Fortunes have improved: the UK economy grew by 2.6 per cent last year. The last time growth exceeded this was before the financial crisis in 2006, when growth was 3 per cent.