Budget 2023: key points at a glance

Jeremy Hunt has delivered his financial update - here are the main points, with political analysis

• Budget 2023 live: changes to childcare, pensions and disability benefits
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• What Hunt's U-turn on energy bills support means for you

Jeremy Hunt kicks off by telling MPs the British economy is proving the doubters wrong", and the OBR is now forecasting there will be no recession, after the gloomy projections made in the autumn. We are following the plan and the plan is working," he says.

Scrapping the much-derided work capability assessment - though details of its replacement are not yet clear.

Introducing a new voluntary employment scheme for disabled people, universal support, worth 4,000 for up to 50,000 people.

A 400m scheme to make more support for mental and physical health available to workers with health problems.