George Osborne's Autumn Statement will mean "spending cuts on a colossal scale" after next year's general election, the Institute for Fiscal Studies has said.
ITV News Economic Editor Richard Edgar is at the IFS Autumn Statement briefing.
Paul Johnson of the @theifs reiterates that Osborne's plans mean "huge cuts to come" in public services
The Chancellor must tell voters whether what he's proposing is really a re-think of the role of the state.
For all the criticism of spending reductions under the Coalition, there are actually more cuts to come after 2015.
Could what seems like a lifeline for buyers - the overhaul of the unpopular stamp duty - actually make it harder to land a property?