Chancellor Jeremy Hunt delivered his first full Budget amid signs of a growing global crisis, as banking shares across the globe fell.
The worries centred on Credit Suisse as its stock plunged by around 20% before trading was halted after top shareholder, the Saudi National Bank, ruled out providing more support for the scandal-prone lender.
Ahead of Hunt’s address to MPs, the Treasury had already announced that the Energy Price Guarantee will be kept at £2,500 for an additional three months from April to June in a move saving a typical household £160.
