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7.15pm Columnist Anthony Browne: The financial transaction tax will be a tipping point for many British people

6.30pm ToryDiary: 10/10 Tests for the Autumn Statement: Will Osborne recognise and capture the nation's mood?

Mandelson Peter 25.30pm ToryDiary: 9/10 Tests for the Autumn Statement: Will Osborne advance a Mandelsonian industrial policy?

5pm: Today's teatime newslinks – including the OECD's warning of a double-dip recession, the build up to Osborne's Autumn Statement, public sector pension strikes, and a poll boost for Boris

4.30pm ToryDiary: 8/10 Tests for the Autumn Statement: Will Osborne address family policy?

4pm ToryDiary: 7/10 Tests for the Autumn Statement: Will Osborne address the €uro issue?

3pm ToryDiary: 6/10 Tests for the Autumn Statement: Will Osborne address the 40p issue?

Screen shot 2011-11-28 at 15.03.222.30pm MPsETC: Registration for hairdressers would be compulsory, under a law introduced by David Morris MP

2pm ToryDiary: 5/10 Tests for the Autumn Statement: Will Osborne bring economic sense to environmental policies?

1.30pm WATCH: Zac Goldsmith MP: Many people in the Treasury still see environmental policy as a "burden"

1.15pm Local government: Boris poll lead steady at 8%

1pm ToryDiary: 4/10 Tests for the Autumn Statement: Will "Osbrowne" simplify or complicate the economy?

Gove on Marr12.30pm ToryDiary: No Goldilocks moment as Government veers from appeasement to confrontation with unions

Noon ToryDiary: 3/10 Tests for the Autumn Statement: Will Osborne act on growth?

Noon ConHomeUSA: Today's top Republican and American political news

11am Richard Harrington MP on Comment: UK manufacturing: is there hope for small and medium businesses?

10am ToryDiary: 2/10 Tests for the Autumn Statement: Will Osborne fight for the fairness agenda?

9.30am TheRightList: According to GQ, Cameron's chief pollster is more important than George Osborne

ToryDiary: 1/10 Tests for the Autumn Statement: Will Osborne stand firm on deficit reduction?

Columnist Bruce Anderson: George Osborne will do well tomorrow. His ratings, high already, will climb further

Screen shot 2011-11-28 at 08.20.22

LeftWatch: Chloe Smith MP warns that average family's mortgage bill could be £5,000 higher under Labour

Marc Glendening on Comment: Only an EU referendum can bring about real re-negotiation

Local government: Councils funding the equalities industry

WATCH: Francis Maude explains Government's position on public sector pensions

IMF drawing up £517bn package to save Italy, Spain and the euroTelegraph

"Britain is drawing up emergency plans for the collapse of the ‘creaking’ Eurozone amid warnings debt-stricken Italy will need a £500 billion bailout involving billions of pounds of UK taxpayers’ money." – Daily Mail

16118879Centrepiece of Autumn Statement will be a £30 billion National Infrastructure Plan

500 infrastructure projects to be funded by £5 billion squeeze on other spending and investments from pension funds – Guardian

"The Chancellor will redirect money made from savings in the welfare budget, and other areas, to start work on 40 “priority” schemes, including expanding schools to provide another 40,000 places for pupils." – Telegraph

China’s $410bn sovereign wealth fund announces plans for new investment in the UK – FT (£)

  • "The Chancellor will publish an updated version of its £200 billion, five-year infrastructure plan that will prioritise key projects and give the private sector a clearer idea of when particular schemes are scheduled, to allow it to plan ahead." – David Wighton in The Times (£)
  • "[Osborne] has made it clear that the extra dollops of cash for housing, unemployment and infrastructure projects will have to be matched by savings elsewhere. If that proves to be correct, there will be no net increase in demand, merely a shifting of resources from one part of the economy to another." – Larry Elliott in The Guardian

The Government is to set out plans for up to a dozen new specialist schools aimed at providing the "highest quality maths teaching in the worldTelegraph

Osborne-HeadshotOsborne's VERY flexible fiscal mandate

"Osborne showed that he is a supreme political operator by making [his fiscal mandate] much more elastic than commentators have appreciated. The plan has two goals. First, to ensure that the structural current deficit is in balance by 2015-16, which is, crucially, after the next general election. This excludes capital investment and is a "rolling five-year judgment" which means there will be no fixed point when a definitive judgment can be made. The second goal, to ensure that debt is falling as share of GDP by 2015-16, is a fixed target. But it simply means that debt in 2015-16 must be lower than the previous year, however high the figure in 2014-15." – Nick Watt in The Guardian

Jackie Ashley: Osborne's economic strategy owes a great deal to Labour and the Lib DemsGuardian

"Tim Montgomerie, editor of the ConservativeHome activists’ website, believes the opposition’s failure to restore its reputation for economic competence after the crash of 2008-09 is “one of the most important factors in British politics”, and has led the chancellor to conclude the Conservatives can win the next election even if the economy is still in the doldrums." – FT (£)

> Yesterday's LeftWatch: Labour wonks call for fiscal conservatism

Chris Grayling aims to halve health and safety red tape

Grayling Chris Newsnight"Ministers aim to cut the amount of health and safety red tape by half, Chris Grayling will announce on Monday. Publishing the findings of a government review into health and safety measures, the employment minister on Monday will promise a “significant simplification of the rules”, adding that employees need to take as much responsibility for their own health in the workplace as the businesses that employ them." – FT (£) | Sun

  • But City AM's Allister Heath will believe it when it happens: "Chris Grayling’s bid to reduce health and safety red tape is equally welcome, assuming that it is more than mere rhetoric or trivial (as ever, I will believe it when I see it). The same is true of the reforms to employment law launched by Vince Cable – though, once again, change is taking a long time and various measures have been reannounced several times already, which is worrying."

Appeals by welfare claimants are delaying budget savingsTimes (£)

Maude Francis November 11Maude's ultimatum to public sector: Accept pension deal or lose it at end of yearIndependent

  • 67% of women and 55% of men have sympathy for public sector strikers – BBC | More at ComRes (PDF)
  • Two thirds of schools to shut, airports set for chaos, Army on standby – but unions won't discuss a last-minute peace deal – Daily Mail
  • Labour should tell the teachers and other public sector workers to call off this strike – Boris Johnson in The Telegraph
  • Strikes could wreck only chance of recovery – Trevor Kavanagh for The Sun
  • "According to the independ- ent Office of National Statistics the average salary for a full- time state employee is £28,802, compared to just £25,000 in the private sector. In addition those on the public payroll generally enjoy far better job security, shorter hours, longer holidays and more workplace rights. Yet they now have the nerve to drag the country to a standstill in their selfish, puerile dispute over pensions." – Leo McKinstry in The Express
  • The SNP's john Swinney: "UK Ministers, from the Prime Minister downwards, actually appear to be relishing the prospect of strike action and confrontation with the trade unions" – Quoted by PA

> Yesterday's ToryDiary: Army could secure Britain's borders if planned strikes go ahead

Cameron has called in senior ministers to Downing Street to explain why their departments missed key performance targets – which they themselves had setIndependent

MITCHELL ANDREW DFID OFFICEAndrew Mitchell: Coalition will stick by 0.7% aid commitmentFT (£)

  • As UK faces economic meltdown, ministers hand over £330m to tackle climate change in Africa – Daily Mail
  • "UKIP MEP Godfrey Bloom said: It is inconceivable that the Government feels able to spend money on climate change in Africa when its austerity measures at home are causing such pain. If we have the money then we should spend it here.” – Express
  • Climategate 2.0; A new batch of leaked emails again shows some leading scientists trying to smear opponents – James Delingpole for the Wall Street Journal

Patients admitted to NHS hospitals for emergency treatment at weekends are almost 10 per cent more likely to die than during the rest of the weekTelegraph

People who think Cameron is a failure are simply being foolish – Lib Dem blogger Mark Thompson for Dale&Co

Another pollster shows UKIP gaining on the LibDems; Lab 42%, Con 33%, LD 8%, UKIP 7%Angus Reid

Britain must end its supine indulgence of the globalised wealthy – John Kampfner for The Independent

Time to end the taboo and have an industrial policy again – Diane Coyle and Paola Subacchi in the FT (£)

Blogger 'Guido Fawkes' summoned by Leveson inquiryBBC

And finally… Boris Johnson beats Cameron to be GQ's most influential man

"Boris Johnson has triumphed over David Cameron to be named the most influential man in Britain. The Mayor of London, who left the Prime Minister lagging behind for the second year running, led the political agenda this year, forcing Mr Cameron to react to his decisions, according to GQ magazine's 100 Most Influential Men in Britain 2012 list…" Osborne is down to number 8, Clegg to 34 – Press Association

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