UPDATE on #AutumnStatement
No final decisions yet taken but #Newsnight understands it will likely...
- Target debt falling as share of GDP in 5 years' time (not 3 years, as per existing rule)...
No final decisions yet taken but #Newsnight understands it will likely...
- Target debt falling as share of GDP in 5 years' time (not 3 years, as per existing rule)...
...
- Cuts to departmental spending likely to be pencilled in for *after* the current Spending Review period ends in 2024/25 - though no compensation for departments for higher inflation *in* Spending Review period so de facto real terms cuts...
- Cuts to departmental spending likely to be pencilled in for *after* the current Spending Review period ends in 2024/25 - though no compensation for departments for higher inflation *in* Spending Review period so de facto real terms cuts...
...
- Despite backdating of spending cuts, will still be significant fiscal consolidation in next 2 years aswell
- Real terms cuts to benefits not ruled out, ditto suspension of triple lock
- Capital spending cuts (infrastructure) still in play...
- Despite backdating of spending cuts, will still be significant fiscal consolidation in next 2 years aswell
- Real terms cuts to benefits not ruled out, ditto suspension of triple lock
- Capital spending cuts (infrastructure) still in play...
...
- Overseas aid will stay at 0.5% of GDP, not rise to 0.7%
Tune in for more on #Newsnight at 1030pm on BBC2
@BBCNewsnight
- Overseas aid will stay at 0.5% of GDP, not rise to 0.7%
Tune in for more on #Newsnight at 1030pm on BBC2
@BBCNewsnight
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