Point-by-point:

The key points from Chancellor Gordon Brown's eleventh Budget:

Basic rate of income tax to fall from 22p to 20p from April next year.

Beer will rise by 1p a pint from midnight Sunday, cider by 1p a litre, wine by 5p a bottle and sparkling wine by 7p. Duty on spirits will be frozen.

Cigarettes to rise by 11p a packet. VAT on nicotine patches to be cut from 17.5% to 5%.

Road tax on highest-polluting vehicles up to £400 from April next year.

Fuel duty up 2p per litre, in line with inflation.

Top-rate income tax threshold will rise to £43,000 from April 2009.

Education spending in England will rise from £60bn this year to £74bn in 2010. From now to 2010 spending per pupil rise by a further 20 per cent, 10 per cent in real terms, to £6,600

Corporation tax will be cut from 30p to 28p from April next year.

Tax exemption for capital gains will rise from £8,800 to £9,200, and will be £18,400 for married couples.

Inheritance tax will rise from £285,000 now to £350,000 in 2010.

Child benefit, for a first child, will rise from £17.45 a week to £20 a week by 2010.