Review of the year - December 2012

Updated
George Osborne
George Osborne

Lewis Whyld/PA Wire

December hit us with a slap in the face: in the form of the Autumn Statement. There was bad news for just-about everyone, with more austerity, higher taxes and a real-terms benefits cut. As the month wore on, we were hit with more rising prices and blows to pensions.

We powered on through, to spend our way out of misery. However, there are some signs that this may not prove to be such a good plan.
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