THE Chancellor's Budget 2007 at a glance:
Chancellor Gordon Brown rose to deliver his 11th Budget at 1231.
:: Budget to expand fairness and prosperity for families.
:: British economy growing faster than all G7 countries, as well as euro countries, Japan and America.
:: UK second only to America in national income.
:: Looking ahead to 2008-09, inflation will be on target.
:: Britain has the G7's fastest growing business investment, alongside the US, and will rise by more than 7% this year.
: In 2006, Mr Brown said, 220,000 more people went into work.
: In 2008 and 2009 UK growth will again be the highest in the G7, alongsidee the US, at 2.5-3%.
:: UK spending surplus is £11 billion, with debt stable and lower than G7 countries, including America.
:: Net borrowing set to be £35 billion, or 2.7% of income, this year, reducing to £24 billion by 2012.
: Intelligence and counter-terrorism to receive additional £86 million for the coming year.
: Budget changes will be broadly neutral for public finances.
: Frontline public services in coming spending round will receive 75% of all new spending.
: Departmental savings on administration to be worth £1 billion a year by 2010/11.
: Public investment in science will rise from £5 billion this year to £6.3 billion by 2010/11.
: Mainstream corporation tax to be cut from April 2008 to 28p - down from 30p.
: Details of new Northern Ireland innovation fund for industry and jobs available to a restored executive in the province to be announced tomorrow.
: £800 million to be allocated to Environmental Transformation Fund to help combat international poverty.
: Until 2012, all new zero-carbon homes up to £500,000 will be exempt from stamp duty.
: Bio-fuels duty differential of 20p per litre extended to 2010.
: Immediate 30% cut in band B of vehicle excise duty to £35, matched by moving the top band 30% higher to £300 and to £400 next year.
: For the coming year, fuel duty will rise 2p per litre, for 2008 2p and for 2009 1.8p, but this year's annual fuel duty increase deferred to October.
: Duty on 20 cigarettes to rise from 6pm tonight by 11p.
: Financial assistance scheme to help workers whose pension scheme was lost through employer insolvency to rise by £6 billion to £8 billion.
: Annual tax exemption for capital gains transferred between husband and wife to rise to £9,200.
: Tax-free cash in ISAs to rise in April 2008 to £3,600 from £3,000.
: Child benefit for the first child to rise in stages to £20 by 2010.
: Budget measures will lift 200,000 children out of poverty, said the Chancellor.
: Tax-free allowance for pensioners under 75 to rise in three stages to £8,990 in 2008, £9,500 in 2010 and £9,770 in 2011. For over-75s, tax-free allowance rises to £10,000 by 2011.
: 10p income tax band on non-savings income to be removed and top rate tax threshold to be increased to £43,000 from April 2009.
: Education spending in England to rise by £4 billion to £64 billion next year, £67 billion the year after, then £70 billion, rising in 2010 to £74 billion.
: From next April, basic rate of income tax down from 22p to 20p.
: The Chancellor sat down at 13.19pm.
CATCH our Business Special in tomorrow's M.E.N. for full analysis.
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