George Osborne's announced a series of tax cuts in his latest Budget, which he claims will benefit millions.

The Chancellor's slashing the top rate of tax from 50 p to 45 next year, when the tax free allowance will also increase to just over nine thousand pounds.

Smokers and motorists will feel it though - a packet of cigarettes is going up by 37 pence from six o'clock tonight - and August's fuel duty rise is going ahead.