Autumn Statement 2014: live updates from the Commons

Chancellor George Osborne delivers Autumn Statement against backdrop of high deficit

George Osborne Autumn Statement speech

George Osborne is delivering his 2014 Autumn Statement today, marking one of the last major opportunities for the government to announce its spending plans ahead of the general election.Against a backdrop of a higher-than-expected deficit, the Chancellor is limited in how many pre-election sweeteners he can offer the public. There is nevertheless speculation that he will announce at least one crowd-pleaser.

Here is what we have heard so far:

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