Here are the main points from Chancellor Philip Hammond's Spring Statement:
- Mr Hammond said Tuesday's vote to reject the EU Withdrawal Agreement "leaves a cloud of uncertainty hanging over the economy" and his most urgent task is to lift it.
- Funding totalling an additional £100 million is to be made available immediately to police forces in England to pay for additional overtime targeted on knife crime and new Violent Crime Reduction Units.
- The Office for Budget Responsibility forecasts GDP growth of 1.2% this year, then 1.4% in 2020 and 1.6% for each of the following three years. The OBR expects to see 600,000 new jobs by 2023, with wage growth at 3% or higher in each year of the forecast period.
- Borrowing this year will be 1.1% of GDP - £3 billion lower than forecast at the Autumn Budget. Borrowing will be £29.3 billion in 2019/20, then £21.2 billion, £17.6 billion and £14.4 billion in the following years to reach £13.5 billion in 2023/24 - its lowest level in 22 years.
- The Government remains "on track" to meet both of its fiscal targets early, with the cyclically adjusted deficit at 1.3% next year and falling to 0.5% by 2023/24. Headroom against the fiscal mandate increases from £15.4 billion at the time of the Autumn Budget to £26.6 billion today.
- Debt is forecast to be lower in every year than predicted at the Budget, falling to 82.2% of GDP next year, then 79%, 74.9% and 74% in the following years and 73% in 2023/24.
- Mr Hammond said he will decide in the Spending Review later this year how to share the proceeds from any "Deal Dividend", if the UK leaves the EU with a deal, between increased spending on public services, capital investment and keeping taxes low.
- The Chancellor warned that the country's economic progress will be at risk in a no-deal Brexit, and said he was "confident" that the Commons will agree a smooth and orderly EU withdrawal "over the coming weeks".
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- Mr Hammond announced up to £260 million for the Borderlands Growth deal covering the border regions of England and Scotland, and said negotiations are progressing on future deals for mid-Wales and Derry/Londonderry.
- A £700 million package of reforms to help small businesses take on more apprentices, announced in the Autumn Budget, is to be brought forward to the start of the new financial year in April.
- From June, the UK will begin to abolish the requirement for paper landing cards at points of entry to the country and will allow citizens of the USA, Australia, New Zealand, Canada, Japan, Singapore and South Korea to use e-gates at airports and Eurostar terminals.
- Mr Hammond announced a new £3 billion Affordable Homes Guarantee scheme to support delivery of around 30,000 affordable homes and £717 million from the Housing Infrastructure Fund to unlock up to 37,000 new homes on sites in west London, Cheshire, Didcot and Cambridge.
- Some 445,000 square kilometres of ocean around Ascension Island is to be declared a Marine Protected Area.
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- The Government will fund free sanitary products in secondary schools and colleges in England from the next school year.
Labour's shadow chancellor John McDonnell responded to the Spring Statement, saying: "We have just witnessed a display by the Chancellor of this Government's toxic mix of callous complacency over austerity and its grotesque incompetence over the handling of Brexit.
"Whilst teachers are having to pay for the materials their pupils need, working parents are struggling to manage as school close early, their children are sent home, 5,000 of our fellow citizens will be sleeping in the cold and wet on the streets tonight.
"Young people are being stabbed to death in rising numbers. And the Chancellor turns up today with no real end or reversal of austerity and to threaten us because this is what he means that austerity can only end if we accept this Government's bad deal over Brexit."
Mr McDonnell said downgrading forecasts were a "pattern" under Mr Hammond before he criticised Government borrowing.
He added: "On the deficit, he's boasting about the deficit - he's not eliminated the deficit as we were promised by 2015.
"He's simply shifted it on to the shoulders of headteachers, NHS managers, local councillors and police commissioners and, worst of all, onto the backs of many of the poorest in our society.
"The consequences are stark - infant mortality has increased, life-expectancy has reduced, and our communities are less safe.
"Police budgets have faced a cut of £2.7 billion since 2010 and nothing the Chancellor has said today will make up for the human and economic consequences of those cuts."
Mr McDonnell added there is "nothing balanced" about a Government giving more than £110 billion of tax cuts to the rich and corporations while "87 people a day die before they receive the care they need".
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