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Homes, roads and rail: government’s investment plans
The Treasury portions out £100bn on new homes, railways and roads in the second part of the comprehensive spending review – but Labour dismisses the investment as “hot air”.
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Chancellor to unveil £11.5bn of spending cuts
Chancellor George Osborne is to draw up the battle lines for the next general election as he sets out his final spending plans before the country goes to the polls in 2015.
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Spending review: Osborne announces where axe will fall
Chancellor George Osborne tells MPs Britain will have to endure another £11.5bn of cuts, with further pain for public sector workers. But infrastructure spending will receive a boost.
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British and Irish Lions beat Australia in first rugby test
The British and Irish Lions hang on for a 23-21 win over Australia in an enthralling first rugby union test in Brisbane on Saturday.
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Hammond warns he will ‘fight’ any future defence cuts
Defence secretary Philip Hammond warns he will resist further cuts to the armed forces in Chancellor George Osborne’s forthcoming spending review.
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Gold rush for ParalympicsGB
ParalympicsGB win another handful of medals across the Olympic Park, including another star performance in the pool by 16-year-old Jessica-Jane Applegate.
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Stock markets drop as ECB dashes traders’ expectations
Stock markets plunged and the cost of borrowing in Spain and Italy went up as the European Central Bank President Mario Draghi disappointed markets with a non-committal press conference.
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UK ‘heading for double-dip recession’
With the OECD think tank predicting for the first time that Britain is about to slip back into recession, tomorrow’s autumn statement will include a slew of policies to boost growth.
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Osborne to announce £5bn investment programme
Chancellor George Osborne is set to inject an extra £5bn of capital investment in a bid to stop Britain’s economy from falling back into a recession.
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Record inflation rise piles pressure on
With inflation rising to match record highs, Channel 4 News looks at the effect on the economy and consumer and considers if there are any reasons to be cheerful.
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Poverty to rise and income to fall, says IFS
Middle incomes will fall by 7 per cent and a quarter of Britain’s children will be living in poverty by 2013, says a report from the Institute for Fiscal Studies.
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Government cash for weekly bin collections
The government is setting up a £250m fund to help local authorities in England switch from fortnightly to weekly bin rounds. But there are fears recycling rates could be hit, Channel 4 News hears.
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EU facing biggest challenge in its history – Barroso
As inspectors arrive in Greece to discuss bailing out the country’s economy, the president of the European Commission says the EU is facing the biggest challenge in its history.
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Show leadership or risk slump, Darling warns
As finance ministers discuss the economic and financial crisis, former chancellor Alistair Darling tells Channel 4 News leadership is needed to avert another recession.
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We will do the ‘right thing’ – Nick Clegg
Liberal Democrat leader Nick Clegg tells his party conference governing is “not doing the easy thing, but doing the right thing”. Top Lib Dems tell Channel 4 News their leader had to be “realistic”.