Budget 2016 puts the next generation first and redoubles our efforts to make Britain fit for the future.
We are freezing fuel duty to help household budgets and support small firms. Fuel duty has been frozen for the sixth year in a row – a saving of £75 a year to the average driver and £270 a year to a small business with a van.
The British economy is stronger because we confronted our country's problems and took the difficult decisions, but we now face a dangerous cocktail of global risks. Britain is well prepared to handle this challenge, but only by acting now so we don't pay later.
This Budget puts stability first with long term solutions to long term problems.