Jeremy Hunt has unveiled his Spring Budget as he desperately tries to boost the economy to prevent a Tory wipeout at the next election.
The Chancellor said the British economy was "proving the doubters wrong" with its recovery after the chaos triggered by Liz Truss and Kwasi Kwarteng's catastrophic mini Budget.
He said the UK would now avoid a recession this year, with OBR forecasts suggesting inflation will fall from 10.7% last year to 2.9% by the end of the year.