Chancellor Rachel Reeves has set out her plans for the UK economy during her Spring Statement in the House of Commons.
It came as the Office for Budget Responsibility (OBR) – which monitors the government’s spending plans – unveiled its latest economic forecasts.
Here is a summary of the main points.
There is some unease in Labour’s ranks over the planned savings to welfare in the Spring Statement.
The UK’s economic prospects are better than expected, but the forecasts are precarious and could easily be derailed.
First minister awaiting Wales-specific impact assessment requested two weeks before Spring Statement.
Campaigners say cuts to health-related benefits will be harmful to people with disabilities.
BBC Verify’s Ben Chu looks at how the Chancellor managed to stick to her fiscal rules in the Spring Statement, despite a jump in borrowing costs for the Government.