[George Osborne unveils his Budget for the 'next generation'
as he stuns MPs with a sugar tax, offers a lifetime of tax free savings to the
young and spends £1.5billion to extend the school day
Growth forecasts from the OBR are sharply down and debt has not fallen
But Osborne said there would still be a £10billion surplus by 2020
He announced a sugar tax on soft drinks to be imposed in two years time
Overhaul of corporation tax cutting rate but raising £9bn from big firms
Councils and courts could be cut while disability benefit due to be slashed
Chancellor has already revealed £1.5billion to fund a longer school day
He will also back new railways, roads and a tunnel under the Pennines
Fuel, beer and spirits duty all frozen but wine and cigarette taxes up ]
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