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Your support makes all the difference.Here is George Osborne's Spending Review and Autumn Statement at a glance.
:: The Chancellor announced he is to scrap planned cuts to tax credits for millions of low paid workers.
:: He ruled out any cuts in police budgets in England and Wales.
:: Mr Osborne told the Commons welfare savings totalling £12 billion will be "delivered in full... in a way that helps families".
:: Debt forecast is to be 82.5% of national income this year, down from 83.6% at time of July Budget, Mr Osborne said. Debt is to fall to 81.7% next year, then 79.9% in 2017/18, 77.3% in 2018/19, 74.3% in 2019/20 and 71.3% in 2020/21.
:: The Government will borrow £8 billion less than forecast and spend £12 billion more on capital investments.
:: He said the deficit is to be 3.9% of national income this year, then 2.5% in 2016/17 and 1.2% and 0.2% in subsequent years, before moving to surplus of 0.5% in 2019/20 and 0.6% the following year.
:: Borrowing forecast for this year is cut from £74.1 billion to £73.5 billion, falling to £49.9 billion, £24.8 billion and £4.6 billion in subsequent years, reaching a surplus of £10.1 billion in 2019/20 and £14.7 billion in 2020/21.
:: State spending to hit 36.5% in five years - down from 45% in 2010.
:: There will be public spending of £756 billion this year, then £773 billion, £787 billion, £801 billion in subsequent years, reaching £821 billion in 2019/20 and £857 billion 2020/21.
- The NHS is to deliver £22 billion efficiency savings in England and Department of Health to cut 25% from its Whitehall budget.
- The Chancellor confirmed a commitment to £10 billion real terms increase in the health service budget delivered in full, with the first £6 billion delivered up front next year. NHS budget to rise from £101 billion today to £120 billion by 2020/21.
- An additional £600 million will be spent on mental health.
- There will be an additional £1.5 billion for local authorities by 2019/20 through the Better Care Fund.
- Mr Osborne said basic state pension is to rise by £3.35 next year to £119.30 a week.
- Savings credits are to be frozen at the current level.
- The Department for Transport operational budget will be cut by 37%, but transport capital spending to increase by 50% to £61 billion.
- The £15 million raised each year from VAT on tampons to be used to fund women's health and support charities.
- Investment of £23 billion in school buildings and 600,000 new school places, with 500 new free schools and University Technical Colleges.
- Total financial support for education and childcare to increase by £10 billion, and new national funding formula to be introduced for schools from 2017.
- Spending on single intelligence account to rise from £2.1 billion to £2.8 billion by 2020/21 and defence budget from £34 billion to £40 billion.
- Overseas aid budget to increase £16.3 billion by 2020.
PA
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