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George Osborne has delivered his first Autumn Statement as the Chancellor of a Conservative government.
At this time in previous years, his hands have been tied by the Liberal Democrats, a junior partner in the previous coalition government.
The Government has also unveiled its Comprehensive Spending Review, setting out spending plans for the next five years.

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Predictions, leaks and demands surrounding George Osborne's 2015 Autumn Statement.

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Barely one in three British households expect the Bank of England to raise interest rates in the next six months, down from nearly half two months ago, a survey showed on Wednesday.

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Asian stocks fell with European index futures after Chinese factory-gate prices equaled their biggest slump since the global financial crisis. Higher-yielding currencies got a boost as traders cut bets on a Federal Reserve interest-rate increase this month to a new low.

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China Construction Bank Corp. sold 1 billion yuan ($158 million) of Dim Sum bonds in London but only 1 percent of the buyers are from Europe.

Investors from Asia took up 99 percent of the issuance, according to a person familiar with the matter, who isn’t authorized to speak publicly and asked not to be identified. The two-year notes were priced to yield 4.3 percent on Tuesday, the person said.

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China is hogging the headlines once again. Data showing industrial profits fell the most in at least four years are adding to concern about the nation's economic slowdown. Asian stocks fell, compounding the worst quarter since September 2011. European equities opened lower after dropping for the second straight week. Glencore plunged a record 19 percent to another record low in London.

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John McDonnell, the U.K. opposition Labour Party’s finance spokesman, is to set out his plans for a “new economics” Monday in a speech that will promise a “radical review” of the Bank of England.

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European stocks rose and the yen weakened as investors took solace that the resumption of trading in Chinese equities failed to spark a deeper selloff.

All but two of the 19 industry groups in the Stoxx Europe 600 Index advanced as China’s central bank chief said the rout in shares was close to ending. Commodity producers led gains as Glencore Plc’s plan to restructure boosted the stock and lifted copper. Prospects for higher U.S. interest rates that are plaguing emerging markets sent a gauge of 20 currencies lower for a fifth day.

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Germany drives bumper year for European offshore wind in 2015, installing three times more capacity than current leader, the UKGwynt y Môr offshore wind farm off the coast of North Wales. Germany will deploy more offshore wind than the UK for the first time in 2015. Europe’s offshore wind power industry has set a record for its biggest ever year just six months into 2015.The biggest factor was a huge jump in turbines in German waters connecting to the grid, with Germany installing three times more electricity-generating capacity than the continent’s current leader, the UK.

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On Wednesday, France, host to the major United Nations conference on climate change at the end of the year, passed a law that both re-envisions the country’s energy system and sets an impressive precedent for the leadership potential France could offer come December.

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