Today is the day when the Chancellor will reveal his plans for Government spending and the nation’s finances.
The spending review sets the amount Government departments will spend – a £4tn budget over the next five years.
Spending reviews were introduced by Gordon Brown in 1998 and the last one was in 2013.
The Autumn Statement details the Government’s general tax and spend plans. It’s not really that much different to the Budget. The announcements are usually smaller and fewer.