Key points of the Chancellor’s Autumn Statement – 2015

Planned £4.4bn in tax credit cuts to be abandoned, with taper and threshold rates for working tax credits and child tax credits remaining the same

Day-to-day spending on transport, environment and energy to fall by 37%, 15% and 22% respectively

No real-terms cuts in police budgets in England

£12bn in targeted welfare savings to be delivered in full

NHS budget, currently £101bn, to rise to £120bn by 2020-21 including an extra £600m earmarked for mental health services

Schools budget in England protected in real terms

New 3% surcharge on stamp duty for buy-to-let properties and second homes from April 2016, raising about £1bn

Apprenticeship levy set at 0.5% of employer wage bill, with £15,000 allowance for all firms taking part

State pension to rise by £3.35 a week to £119.30 next year

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