Chancellor of the Exchequer George Osborne will deliver his Autumn Statement, previously the pre-Budget report under the Labour government, to the House of Commons at 12.30 GMT.
The Statement will provide opportunity to flag future tax and spending strategies, as well as organise UK finances. Critics have predicted that the Office for Budget Responsibility figures will reveal failure to meet borrowing forecasts, partly a result of lower-than-expected tax revenues. Not to mentions that Labour has blasted the chancellor for failing to keep…
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