Autumn statement date announced


Chancellor George Osborne has announced the date of the autumn statement, which will take place on 3 December.

He revealed the date during Treasury questions in the Commons on 2 September 2014.

Mr Osborne told the House: "The core purpose of the Treasury is to ensure the stability and prosperity of the economy.

"That is delivered by our long-term plan and I can tell the House that the plan will be further expanded on at the autumn statement, which I will deliver on Wednesday 3 December."

The autumn statement is an update from the chancellor on the government's taxation and spending plans, based on economic projections provided by the independent Office for Budget Responsibility (OBR).

The OBR - created in 2010 - publishes its estimates for the country's economic growth and the government's finances as soon as the chancellor finishes making his speech.

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