George Osborne's Autumn Statement: live blog

Minute-by-minute coverage of the Chancellor's announcements and the OBR's new forecasts.

12:07pm Osborne ends with the message: "Britain is moving again. Let's keep going." (Please re-elect us.) 

12:04pm Employers' National Insurance will be scrapped on employees aged under 21, Osborne says. 

12:02pm Osborne announces that next year's fuel duty rise will be cancelled, praising the campaigning work of Tory MP Robert Halfon on this issue. But he doesn't deliver the cut that some predicted. 

11:59pm Through gritted teeth, the socially liberal Osborne confirms that the government will introduce a marriage tax allowance from April 2015 and that its value will be increased in line with the personal allowance (which will rise to £10,000 next year). 

11:58am He announces a £1,000 discount on business rates for all retailers valued at up to £50,000. 

11:55am Osborne says business rates increases will be capped at 2% for all premises (rather than 3.4%). 

11:53am Probably the biggest announcement from Osborne so far: the cap on student numbers will be abolished. 

11:51am He announces that anyone aged 18-21 claiming welfare without "basic skills" will be required to undertake training or "lose their benefits". 

11:47am Osborne announces a "priority right to move" for social housing tenants who need to move for a job.

11:46am A striking admission: "if we want more people to own their own homes, we need to build more homes". 

11:42am He announces the well-trailed introduction of capital gains tax on foreign property owners. At present, while British citizens pay CGT at 18% or 28% when they sell a property that is not their main home, non-residents are exempt. But with foreign investors purchasing around 70% of all new builds in central London, Osborne, still burdened by a deficit forecast to be £111bn this year, has spied a revenue-raising opportunity. 

11:41am Osborne has just used the stat often cited by Boris Johnson in defence of the super-rich: that they pay 30% of all income tax. That's true, but what he doesn't mention is that the 30% stat tells us less about what has happened to the tax system than it does about what has happened to the income system.

Over the period in question, the earnings of the rich have risen to previously unimaginable levels. As a recent OECD study showed, the share of income taken by the top 1% of UK earners increased from 7.1% in 1970 to 14.3% in 2005, while the top 0.1% took 5%. Quite simply, the rich are paying more because they're earning more. Is this really cause for us to thank them? If 11 million low and middle earners receive the pay rise they have been denied since 2003, they'll pay more tax too. 

11:35am Osborne has announced three new steps to enshrine fiscal "responsibility":

1. A new charter for budget responsibility committing the government to running a surplus. It will be put to a vote in parliament (a test for Labour). 

2. A cap on total welfare spending (as previously announced in the Spending Review). Osborne confirms that it will exclude the state pension and cyclical benefits such as JobSeeker's Allowance. 

3. Finally, he announces a further £2bn cut in departmental budget and a £1bn cut in the contingency reserve. 

11:28am He announces that the forecast deficit for this year has been revised down from £120bn to £111bn, but that's still £41bn higher than expected in 2010. 

Borrowing in 2014-15 is forecast to be £96bn, then £79bn in 2015-16, £51bn in 2016-17 and £23bn in 2017-18. That leaves him on track to halve the deficit (it was £159bn in 2009-10) by 2015-16, the same speed promised by Alistair Darling in 2010. 

11:26am On borrowing, Osborne announces that the OBR expects the government to run a budget surplus by 2018-19. 

11:23am Osborne boasts that employment is at a "record high" of 29.95m. That's true, but only because the population has risen. The rate, at 71.8%, remains well below its pre-recession peak of 73.1%.

11:21am Here are the OBR's revised growth forecasts: 1.4% (up from 0.6%), 2.4% ( up from 1.8%), 2.2%, 2.6%, 2.7%, 2.7% 

11:20am Tory MPs cry "apologise" at Labour as Osborne reminds MPs that GDP fell by 7.2% during the recession. 

11:19am Osborne tries to shoot Labour's fox by saying he will help families with the "cost-of-living" where he can. 

11:16am Osborne is up. He wastes no time in delivering his key political message: I have a "long-term" plan and "the biggest risk" comes from those who would "abandon" it. That's Ed Miliband and Ed Balls in case it wasn't clear. 

11:11am While we wait for Osborne to begin, here's 10 things to look out for today. 

George Osborne and Danny Alexander leave the Treasury on the way to parliament to deliver the Autumn Statement. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

Photo: Getty
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Boots sells lots of products used inappropriately – the morning after pill isn't one of them

The aisles are filled with items to “fix” women's bodies, but somehow preventing pregnancy is irresponsible.

As a teenager in the early Nineties, I had a favourite food: Boots Shapers Meal Replacement Chocolate Bars. There was a plain milk version, one with hazelnuts, plus one with muesli which somehow seemed healthier. I alternated which one I’d have, but I’d eat one every day. And that was all I’d eat.

Because the packet said “meal”, I told myself it was fine. Why bother drawing fine distinctions between the thing in itself and the thing in itself’s replacement? Boots sold other such dietary substitutes – Slimfast, Crunch ‘n’ Slim – but the chocolate bars were my go-to lunchtime option. I was severely underweight and didn’t menstruate until I was in my twenties, but hey, I was eating meals, wasn’t I? Or things that stood in for them. Same difference, right?

I don’t blame Boots the chemist for my anorexia. The diet foods and pills they sold – and continue to sell – were not, they would no doubt argue, aimed at women like me. Nonetheless, we bought them, just as we bought laxatives, high-fibre drinks, detox solutions, anti-cellulite gels, bathroom scales, razor blades, self-hatred measured by the Advantage Point. Boots don’t say – in public at least – that their most loyal customer is the fucked-up, self-harming woman. Still, I can’t help thinking that without her they’d be screwed.

Whenever I enter a branch of Boots (and I’m less inclined to than ever right now), I’m always struck by how many products there are for women, how few for men. One might justifiably assume that only women’s bodies are in need of starving, scrubbing, waxing, moisturising, masking with perfume, slathering in serum, primer, foundation, powder, the works. Men’s bodies are fine as they are, thank you. It’s the women who need fixing.

Or, as the company might argue, it’s simply that women are their main target market. It’s hardly their fault if women just so happen to be more insecure about their bodies than men. How can it be irresponsible to respond to that need, if it helps these women to feel good? How can it be wrong to tell a woman that a face cream – a fucking face cream – will roll back the years? It’s what she wants, isn’t it? 

Yes, some women will use products Boots sells irresponsibly and excessively, spending a fortune on self-abasement and false hope. That’s life, though, isn’t it? Boots isn’t your mother.

Unless, of course, it’s emergency contraception you’re after. If your desire is not for a wax to strip your pubic region bare, or for diet pills to give you diarrhoea while making you smaller, but for medication in order to prevent an unwanted pregnancy, well, that’s a different matter. Here, Boots have grave concerns that making such medication too cheap may be “incentivising inappropriate use”.

I am wondering in what instances it may be “inappropriate” to want to stop the implantation of an unwanted embryo in its tracks. I’ve wondered and wondered and wondered, but I can’t think of anything. I’ve used emergency contraception five times (twice from Boots, following the third degree from an embarrassed pharmacist for no reason whatsoever.) On no occasion have I particularly felt like it.

I don’t get high on nausea and heavy, gloopy periods. I took emergency contraception because in the context of my life, it was the responsible thing to do (by contrast, the most reckless thing I’ve ever done is have a third baby at age 40, even if it saved me £28.25 in Levonelle costs nine months earlier).

Clearly Boots don’t see things the way I do. There may be women who use Adios or Strippd inappropriately, but what’s the alternative to making these things easily available? More women getting fat, or fewer spending money on trying not to get fat, and such a thing would be untenable.

As for the alternative to accessing emergency contraception ... Well, it’s only a pregnancy. No big deal. And hey, did you know Boots even sell special toiletries for new mums, just so you can pamper yourself and the baby you didn’t want in the first place? See, they really care! (But don’t go thinking you can then use your Advantage Points to buy formula milk. Those tits were made for feeding – why not spend your points on a bust firming gel for afterwards?).

I get that Boots is interested in profit and I get that pretending to really, really care about the customer is just what you do when you’re in marketing. I also get that Boots isn't the only company which does this. They all do.

But making it harder for poorer women to access emergency contraception just so you won’t offend the customers who’ll judge them? Really, Boots? Isn’t that making this whole charade a little too obvious?

Commenting on what another woman does with her body should not be off-limits (if it was, no one would have ever identified and treated the eating disorder that was killing me.) Even so, it’s instructive to look at the things we see fit to comment on and those we don’t.

Want to inject your face with poison? Augment your breasts with silicone? Have your vagina remodelled to please your husband? Go ahead. Your body, your choice.

Want to control your reproductive life? Avoid the risks and permanent aftermath of childbirth? Prevent the need for an abortion down the line?

Well, that’s another matter. We’re just not sure we can trust you. Forget about those pills. Why not have some folic acid and stretch mark cream instead?

Glosswitch is a feminist mother of three who works in publishing.