BBC News Autumn Statement 2011

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8 February 2012 Last updated at 10:00

Pay and jobs pain as growth slows

Chancellor George Osborne announces a two year pay cap for public sector workers and lowers UK growth forecasts in the Autumn Statement.

Pile of cashUK borrowing forecasts increased

Forecasts for government borrowing are increased while growth forecasts are cut by the Office for Budget Responsibility.

Ed BallsBalls: Osborne's colossal failure

Shadow Chancellor Ed Balls says latest growth figures show the government's Plan A has "failed colossally".

George Osborne gives his Autumn Statement to the House of Commons Autumn Statement - Your reaction

George Osborne has delivered his Autumn Statement to the House of Commons. BBC News website readers have been reacting to the measures announced by the chancellor.

Jargon: Autumn Statement

  • The Autumn Statement is the UK chancellor's update on the state of the economy and his plans for economic growth. Under Labour it used to be called the 'pre-budget report'. Read more

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