Key announcements in UK Autumn Statement on budget

British finance minister Philip Hammond delivered his first detailed statement to parliament on budget policy since taking office in July following Britain's vote to leave the European Union. For the main story on the Autumn Statement, please click on Here are some of the main announcements: GROWTH FORECASTS CUT Hammond announced the independent Office for Budget Responsibility (OBR) had cut its official forecasts for economic growth for the next two years. The OBR said gross domestic product wo