Autumn Statement: Osborne set to announce spending cuts

George Osborne Autumn Statement
Chancellor George Osborne will deliver his Autumn Statement. Photo: Dominic Lipinski/PA Wire

The Chancellor is preparing to deliver tomorrow's Autumn Statement, which is expected to bring further cuts and welfare caps to plug the growing hole in the nation's finances.

However, there has been a promise of more spending on schools and there could be a tax on the rich.

But it is unlikely to improve George Osborne's popularity - with an ITV News Index poll conducted by ComRes showing only one in five trust the Chancellor to see the country through the current economic situation.

ITV News Political Editor Tom Bradby reports:

The public sector has every reason to fear further austerity measures with Tory-led Nottinghamshire County Council already having to find savings of £123 million.

Councillor Kay Cutts though claims it has actually helped the authority become more efficient.

ITV News Deputy Political Editor Chris Ship reports: