Spending Review: Is Osborne’s tax credit U-turn an astute move?

Today the Chancellor of the Exchequer, George Osborne, delivered the first Autumn Statement and Spending Review of a Conservative majority Government since the mid-1990s, in which he announced that the Government would rebuild Britain and deliver on its commitment to ensure economic and national security. As expected, the Chancellor restated his pledge to running a budget surplus by 2019-20 and outlined a series of sharp cuts … Continue reading Spending Review: Is Osborne’s tax credit U-turn an astute move?