#Budget18 at a glance...

Here are the major points at a glance:

• From April 2019, the Personal Allowance (the amount a person earns before they start paying income tax) will be raised to £12,500. The Higher Rate Tax Threshold will also be raised from £46,350 to £50,000.
• £1bn over the next five years for a package of measures to aid claimants’ transition to Universal Credit
• The National Living Wage increased from £7.83 to £8.21
• There will be an additional £500m government departments for Brexit planning, raising the funding to over £4bn.

Northern Ireland specifics:

• £320m in Barnett Consequentials to the Northern Ireland block grant by 2021
• £350m for a Belfast Region City Deal, as well as negotiations to be opened on a similar Derry City and Strabane Region Deal.
• £2m for a Belfast City Centre Rejuvenation Fund following the fire at the Bank Buildings
• £300m to progress shared and integrated education projects.

Read the Chancellor's budget statement in full here.