Here are all the key facts from yesterday's "tough but fair" Budget.

The UK's planned gilt sales in 2010/11 have been revised down by £20.2bn to £165bn due to the Government's debt reduction programme outlined in the Budget.

Insight head of currency Dale Thomas expects sterling to remain weak for some time due to the current mix of tight fiscal and loose monetary policy.

Harriet Harman, deputy leader of the Labour Party, has blasted the coalition Government's emergency Budget as "reckless" and says it will "pull the rug from the UK economy."

Schroders has acquired a 49% stake in RWC Partners, the future destination of the group's former income fund managers Nick Purves and Ian Lance.

Follow the Chancellor's key Budget announcements as they happen...

Chancellor George Osborne is set to raise the personal income tax allowance by £1,000 to £6,475 in the Budget today, removing more than 850,000 people from paying income tax.

Deputy Prime Minister Nick Clegg believes the coalition needs to deliver a "difficult" budget today to ensure the UK can avoid the scenarios seen in Greece and Spain.

M&G fixed income stalwart Richard Woolnough has bought into debt issued by football giant Manchester United.

US markets opened strongly today as global stock markets thrive on news China is likely to end its currency peg with the dollar.