BBC News Autumn Statement 2014

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8 December 2014 Last updated at 07:43

'Colossal' cuts to come, warns IFScoins being inspected

The plans set out in the Autumn Statement will require government spending cuts "on a colossal scale" after the election, an independent forecaster warns.

George OsborneCuts warnings 'hyperbolic' - Osborne

Chancellor George Osborne says claims about the impact of spending cuts are exaggerated, as he defends his Autumn Statement.

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Wednesday 3 December

The Autumn Statement is the second most important event in the UK's economic calendar. The chancellor updates the government's taxation and spending plans based on the latest predictions for the economy.

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