George Osborne has delivered the Autumn Statement Here is a summary of what was announced.
The Spending Review sets out how £4 trillion of government money will be allocated over the next five years, so the government can invest in priorities like the NHS, defence and housing. On average, departmental spending will fall at less than half the rate of the previous five years.
From 2020 local councils will be able to keep money from business rates collected from shops and businesses
Apprenticeship levy set at 0.5% of employer wage bill, with £15,000 allowance for eligible firms
Funding for flood defence to be protected in real terms
Big energy users such as the steel and chemicals industries to be exempt from environmental tariffs
26 new enterprise zones to be created or extended
Schools funding will be protected
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