Spending Review Result 2015. George Osborne has unveiled the results of the government’s spending review; here we analyse the key points in 25 main areas.
- All cuts to tax credits are to be cancelled.
Tags: 2015, George Osborne, pounds, spending review, uk
Rowena Mason, political correspondent: Osborne has clearly surprised his MPs by totally abandoning his tax credit changes, which would have cost affected families up to £1,300 each and caused consternation on his own side as well as the opposition. It is a 100% U-turn since his aides were insisting up until recently that he was committed to the cuts in principle.