George Osborne has told MPs that he will abandon his plans to cut tax credits in a major welfare U-turn.
Chancellor George Osborne has given his Autumn Statement outlining his plans and forecasts for the UK economy including changes to tax policy, cuts, and investment.
Chancellor George Osborne is updating MPs on the current state of the UK economy and the government’s future plans.
Chancellor George Osborne presented his Autumn Statement today, with a gloomy message of a shrinking economy, missed targets, and the need for austerity measures to continue to 2018.
The full text of the Autumn Statement 2012 to the House of Commons by the Rt Hon George Osborne, MP, Chancellor of the Exchequer