The centrepiece of this pre-election Autumn Statement was £20 billion of tax cuts for businesses and individuals, the largest in decades.

• But these giveaways are largely being paid for by taking the axe to public spending in a manner set to sharpen dividing lines with Labour over the role investment in net zero industries could play in driving up our growth rate.
• There was also very little in the statement on climate and nature, and we await the detailed response to the US Inflation Reduction Act that had been promised.
• Although there were some good planning reforms, which may free up much needed investment in the grid, also missing were the trailed announcements on a Carbon Border Adjustment Mechanism and a battery strategy to support electric vehicle manufacturing.