• OBR figures predict growth of 0.9% this year, 0.7% in 2012, 2.1% in 2013, 2.7% in 2014, 3% in 2015 and 3% in 2016

 

• UK borrowing forecasts have risen by £112bn.

 

• The Stamp Duty holiday for first-time buyers has been scrapped

 

• A new loan scheme will be aimed at businesses with a turnover of less than £50m. It will provide credit lending facilities for small businesses, which he expects will cut their borrowing costs by 1%.

 

• The bank tax levy will rise to 0.088% from January 1st 2012 (up from 0.075%). The Government will not agree to an EU transaction tax.

 

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• A new enterprise investment scheme (EIS) will give investors 50% tax relief for investing in business start-ups.

 

• Osborne called on public sector unions to call off tomorrow’s planned strike. The public sector pay freeze will be extended by 2 years to 1% per year each year.

 

• The state pension age (SPA) will reach 67 by 2026. It will already rise to 66 by 2020 instead of 2026 under previous plans.

 

• Disability and working age benefits will rise by 5.2% next year.

 

• The annual exemption amount for capital gains tax has been frozen.

 

• IFAonline’s top ten tweets from the Autumn Statement.