George Osborne
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Spending Review: Relief for NI families over tax credits U-turn

The Chancellor George Osborne has scrapped plans to cut tax credits, bringing unexpected relief to one in six households in Northern Ireland.

Under Mr Osborne's original plans, the families had stood to lose hundreds of pounds a year.

However, there will still be tough times ahead in terms of Stormont spending, as BBC News NI's business correspondent Julian O'Neill reports.

  • 25 Nov 2015