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The Christmas gift in the Autumn Statement
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George Osborne once said he wanted to put an end to the mini-budget occasions of the Autumn Statement. It’s safe to say that is another target he has missed. In what seems like an age ago, Osborne announced a slew of figures, accompanied by a smattering of initiatives. Aside from the disappointment over the state of the economy, most of the announcements delivered with much fanfare were underwhelming. Osborne also pulled another trick out of Gordon Brown’s hat and rushed through many of his tough announcements. One that did draw some attention from inside the chamber however, was his plan to give a subsidy of £50 to every customer of South West Water, in an attempt to help those customers with their water bills. So what’s the big deal? Plenty, actually. Click here to keep reading
