This is the full text of Chancellor Rishi Sunak's first Budget speech delivered today in the House of Commons: 

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The Junior ISA and Child Trust Fund allowances will be increased from £4,368 to £9,000 from April in a move to help more young people save.

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The Government is launching a consultation which could see the Financial Services Compensation Scheme and the Financial Ombudsman Service extended to all Gibraltar financial firms selling to UK consumers and businesses.

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Chancellor Rishi Sunak surprised many in his Budget by raising the threshold for National Insurance Contributions by nearly £1,000 from £8,632 to £9,500 although he left most income tax thresholds alone.

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Chancellor Rishi Sunak is to revamp the pension taper rules which have deterred some high earners in the NHS from working extra hours.

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Chancellor Rishi Sunak has reprieved Entrepreneur’s Relief but cut it from £10m to £1m.

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Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.

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Wealth manager and Financial Planner Sanlam UK has made two senior appointments at its Harrogate office and plans to expand the hub further.

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Standard Life Aberdeen reported adjusted pre-tax profit for 2019 of £584m, down 10% due mainly to lower revenues.

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SimplyBiz, a provider of compliance and business services to financial advisers, has reported 2019 group revenue up by 24% to £62.8m following the “successful” acquisition of data and ratings provider Defaqto.

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