Jeremy Hunt is delivering his financial update – here are the main points, with political analysis
- Budget: live coverage
- Hunt U-turns on planned cut to energy bills support
- What Hunt’s U-turn on energy bills support means for you
Jeremy Hunt kicks off by telling MPs the British economy is “proving the doubters wrong”, and the OBR is now forecasting there will be no technical recession, after the gloomy projections made in the autumn. “We are following the plan and the plan is working,” he says.
