Latest News Wed, Mar 23, 2016 9:18 AM
Economists are poring over the details of George Osborne's Spending Review, in which he funded a U-turn on tax credit cuts with a £27bn windfall.
He abandoned plans to cut credits for millions of low-paid workers, thanks to better-than-expected forecast tax receipts and low debt interest rates.
However, cuts totalling £20bn to Whitehall departments and £12bn to welfare were detailed.
Key features of the Spending Review include:
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