Osborne: Growth figures 'significantly up'
George Osborne has delivering his latest assessment of the state of the economy in the Autumn Statement, announcing that growth forecasts for the upcoming years are "significantly up".
George Osborne has delivering his latest assessment of the state of the economy in the Autumn Statement, announcing that growth forecasts for the upcoming years are "significantly up".
Effective and immediate action is needed to "tackle the youth unemployment crisis", a trade union warned after George Osborne's Autumn Statement.
TUC General Secretary Frances O’Grady said: “Almost a million young people are currently looking for work and will have been hoping for much more than the Chancellor offered them today.
“While it’s good news that employers are to be encouraged to provide more apprenticeships and that they won’t have to pay national insurance contributions for some young people in the future, effective and immediate action is needed to tackle the youth unemployment crisis.
“Unfortunately all the government has to offer is new measures to make young people work for free, when what is really needed is a job guarantee."
Today Chancellor George Osborne revealed his Autumn Statement but what does the statement mean for you?
George Osborne has delivered his first upbeat assessment of the economy, although he cautioned that there’s still more work to do.
The Chancellor has chosen measures today that should shove the recovery along and make it a bit easier for some companies to do business.