NEWS: Summary of the Chancellor's Autumn Statement

• A £1bn U-turn on cuts in benefits to poorer workers with a reverse of some of George Osborne’s £3.4bn axe to Universal Credit
• The National Living Wage will go up 30p an hour to £7.50, meaning a £600 a year pay rise for full-time workers
• £1.4bn spent on making it cheaper to buy or rent a house, shared between three current schemes; Affordable Rent, Shared Ownership and Rent to Buy.
• Fuel duty will be frozen again for another year when he scraps a 2 rise in the hated tax on pumps saving drivers £130 a year
• A £5bn infrastructure package to boost the economy after Brexit, including new road building and broadband
• A ban on letting agent’s fees to ease the squeeze on 4.3million households in private housing

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