Read our round-up of experts' first reactions on all the announcements from this afternoon's Autumn Statement and Spending Review. (Updated as more comes in...)
Economics Nancy Curtin, Close Brothers Asset Management: "George Osborne has not deviated from his commitment to austerity. "Yes, he has loosened the purse strings for a much-needed boost for the defence budget and housebuilding, but he is also fully aware that he is not making as great inroads into the deficit as he would have liked. It is clear there are further cuts to come. "This is a key reason why the prospect of interest rate rises has become more distant in the UK. While the deficit is being addressed by Osborne's ongoing fiscal tightening, the economy's expansion is...
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