The 'mummy tax' accusations came after it emerged the Chancellor will impose a real terms cut on statutory maternity pay.

Bassetlaw MP John Mann said the Shadow Chancellor’s response to the Chancellor’s Autumn Statement had damaged Mr Balls’s leadership prospects – and made Mr Miliband’s position secure.

The Chancellor told the Cabinet they must reduce spending every year for the next three years, as he prepared to set out a highly-political statement to the Commons.

As George Osborne speaks and throughout the day This is Money will be live blogging analysis, reaction, charts and data and what people are saying on social media.

Experts had claimed that the lifetime limit could be capped at £100,000 – a figure that seasoned savers may have already reached - but that has not transpired.

NS&I has been given a higher financing target for the financial year Chancellor George Osborne revealed in the Autumn Statement today.

George Osborne did not address problems such as low levels of investment, lack of access to finance, and high energy costs.

The annual deficit has fallen from the record £153bn racked up by Labour in 2009-10 to £97.5bn last year, but progress has now all but stalled as tax receipts disappoint.

George Osborne's comments while delivering the 2013 Budget revived his fortunes. But it was only a confidence trick. Now, with an election just around the corner, the Chancellor is in a bind.

Live analysis, reaction, charts and data and what the experts and you the readers are saying in reader comments and on social media .

The Chancellor abolished air passenger duty on all flights for children under the age of 12. It will also reduce the cost of a holiday to Spain for a family of four by £26.

The big omissions from a Budget or an Autumn Statement are always revealing. It used to be help for savers. This week the missing element was the squeezed middle. Not households, but firms.

Chancellor George Osborne will use tomorrow’s spending review to announce that the Health Service will receive an extra £6billion straight away – rising to £10billion a year by 2020.

Border systems will be upgraded to better target weapons being smuggled into the country while a joint operation centre will see police, intelligence agencies and the military to work more closely.

Changes sparked a backlash as they were forecast by the Insitute of Fiscal Studies to take £1,000 a year off 3 million families. They have now been halted altogether.

Chancellor George Osborne has confirmed the basic state pension will rise by £3.35 to £119.30 a week from April, while the starting rate for the new single-tier version will be £155.65.

We bring you the latest the analysis, reaction and charts from the experts and our own journalists from throughout the day.

The Autumn Statement contained some good news for entrepreneurs as George Osborne pledged to carry on exempting micro companies from paying business rates.

Part-time students have been handed some good news in today's Autumn Statement with access to maintenance loans to help with living costs during their studies from 2017/18.

Theresa May has told Chancellor Philip Hammond to make middle and low-income families in the UK a priority in next week’s Autumn Statement.

Theresa May has told Chancellor Philip Hammond to make middle and low-income families a priority in next week’s Autumn Statement.

Ahead of the Autumn Statement a study has warned that planned welfare curbs and rising inflation are set to deal a major blow to the 'just about managing' group - or 'JAMs'.

The National Audit Office (NAO) warns today that the health service’s ‘endemic’ financial problems have left it so short of cash that it is having to raid building projects to pay for day-to-day services.

The Chancellor will use tomorrow’s Autumn Statement to pledge that two million homes in bigger towns and cities will get access to gold standard ‘full-fibre’ broadband, which can download TV shows.

Things appear to be changing for the better for the economy - and just in the nick of the time for the Chancellor as he prepares to give his first major report later today.

Insurers have slammed the rise which has pushed the tax up to almost double what it was in 2015 and they predict it will lead to an increase in the number of uninsured drivers on the road.

The analysis, reaction and charts from the experts and our own journalists from throughout the day.

The Chancellor reaffirmed the Conservative manifesto commitments to lift the personal allowance to £12,500 and the 40p tax threshold to £50,000 by accelerating progress to meeting the goals.

Philip Hammond announced a further freeze until April 2018, which will keep fuel duty at 57.95p per litre, the level it has been at four more than five years.

The Chancellor has revealed an amended 'taper rate' for the welfare payments, which will allow low-paid workers to keep an additional 2p of every extra pound they earn.

Delivering his first fiscal package since the historic EU referendum vote, the Chancellor insisted the government understands the fury of those who have not shared in the wealth generated by the economy.

Tom Birch, 43, from Bath, earns £100,000 a year in his financial services job and receives extra life insurance, dental cover, and critical illness cover through a salary sacrifice scheme.

The announcement does mean there will be two full Budgets next year, in the spring and the autumn, as the new schedule rolls out.

Philip Hammond fulfilled his promise to be an un-showy chancellor today as his biggest 'rabbit' turned out to be a joke about his own abolition.

While the OBR's chairman Robert Chote admitted there is a 50 per cent chance that the forecast is 'too gloomy', he is standing by his forecast saying predictions were made based on existing trends.

Few can defend the way that letting agents hit tenants with rip-off administrative fees. These firms cash in every time someone rents a new home, writes DAN HYDE.

Social care for older people is the responsibility of local councils across Britain, and its leaders say that savage cuts have already had to be made due to lower funding from Whitehall.

Philip Hammond said UK output would grow faster than in most EU countries, creating half a million jobs. He vowed to spend billions to boost productivity, build homes and improve transport.

As Hammond speeches go, the Autumn Statement was short and reasonably un-glum. He kept it to 45 minutes. By his own morose standards he was almost skittishly optimistic in places.

Philip Hammond said Britain’s ‘productivity gap’ was ‘well known, but shocking nonetheless’. He told the House of Commons that the UK ‘lags behind’ the US and Germany by 30 per cent.

Hammond has backed recent HMRC proposals for a crackdown on using the loophole for smartphone and gym contracts, buying cars and TVs, or private medical insurance.

A row has erupted in response to the tenant fee ban, with some landlord and agents reacting with fury to what they say are ‘unworkable’ plans that would have a ‘boomerang’ effect.

The OBR forecast a £122billion rise in UK debt, with £58.7billion blamed on Brexit. That came as it said the UK would not fall into a recession, but growth would be lower.

John McDonnell insisted today that Labour MPs were listening to his response to the Autumn Statement yesterday despite most of them being seen busy on their mobile phones.

The Chancellor said the government was treating the estimates from the Office for Budget Responsibility (OBR) as a 'signal' of what might happen.

Five million higher earners will be hit by a £200 'stealth tax on Middle England' because of changes to National Insurance Contributions buried in Treasury documents.

It was not the kind of Autumn Statement we had come to expect under George Osborne – all fire and brimstone – but Philip Hammond’s debut was not without its nasty side.

Former health secretary Stephen Dorrell, who is now chairman of the NHS Confederation, said Philip Hammond (shown) had made a ‘mistake’ by failing to find extra funds in last week’s autumn statement.

Ministers spent £12.6billion more than they received in taxes and other income last month - but economists were pencilling in a figure of £11.6 billion.

Professional golfer Paige Spiranac hit back after the LGPA released new dress code guidelines banning plunging necklines and short skirts, which she says is discriminatory against female players.