At a glance: Key points from the chancellor’s statement

Chancellor Rachel Reeves has set out her plans for the UK economy during the Spring Statement in the House of Commons.
It comes as the Office for Budget Responsibility (OBR) – which monitors the government’s spending plans – unveils its latest economic forecasts.
Here is a summary of the main points.

The chancellor is set to expand cuts to benefits after being told the reforms would save less than planned.

Courtesy: BBC