Britain not good on exports. The trade deficit was up to 3.6 billion in October from £2.5 billion in September. However the Office for National Statistics says UK companies are investing more abroad. The figures indicate extra spending in China and India.
Britain may face further cuts and tax rises even after the next elections, the Institute for Fiscal Studies warned today.
While Chancellor George Osborne's Autumn Statement was mainly about spending cuts, there were incentives too but do the numbers add up?
The cap on benefits rises will mean a cut in real terms for people living on welfare and those on low incomes, as Penny Marshall finds out.