The Institute for Fiscal Studies (IFS) has presented its analysis of Chancellor George Osborne's Autumn Statement.
ITV News economics editor Richard Edgar reports:
Institute for Fiscal Studies presenting forensic analysis of the Autumn Statement. Govt's books improved more by cuts than higher tax income
Ifs - Broader public spending falling 20% by 2019 if chancellor keeps to current plans - eye watering cuts!
Fuel duty freezes are costing the govt £6billion a year - very significant at a time of cuts, says IFS
Today Chancellor George Osborne revealed his Autumn Statement but what does the statement mean for you?
George Osborne has delivered his first upbeat assessment of the economy, although he cautioned that there’s still more work to do.
The Chancellor has chosen measures today that should shove the recovery along and make it a bit easier for some companies to do business.