Read more: http://www.dailymail.co.uk/news/article-2518591/Autumn-Statement-2013-George-Osborne-plead-time-fix-nations-finances-despite-stronger-economic-growth.html#ixzz2mbqHcf8N
AUTUMN STATEMENT: WHAT THE CHANCELLOR HAS ANNOUNCED
- Growth will be 1.4% this year, up from 0.6 predicted in March
- There will be an extra 400,000 jobs this year as a result
- Borrowing will be £111billion this year, down from £120billion
- Small surplus expected by 2018-19
- There will be an extra £1billion in spending cuts every year for three years
- Under-50s told they will have to work until they turn 70
- Fresh crackdown on tax avoidance
- 8million people to benefit from £200-a-year tax break for married couples
- Free school meals for 1.8million under-7s
- Tax discs to be scrapped and fuel duty rise for next September abolished
- Business rate rises capped at 2 per cent instead of 3.2 per cent as planned
- Details of how the government would cap £100billion of welfare spending
- Plans to ban jobless benefits for under-25s under 'earn or learn' policy
- Evidence that tax cuts boost the economy
- £50 to be knocked of energy bill rises as taxpayer pays for green levies
- £270 million for Quantum technology
- Rail fares capped at inflation for 2014
- 50 per discount from business rates if people take on empty business properties for three years.
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