Interviewers will expect you to be fully informed about policy changes and impacts announced – if you are unable to discuss it in detail, it will be very clear that you do not follow current affairs. The BBC has lots of easy to understand pages with the main points and how they will affect you.
The latest Autumn Statement is a great opportunity to see the mutual influence that politics and economics have on each other. Only weeks ago, George Osborne seemed intent on pushing through £4.4billion worth of cuts to tax credits. After fierce opposition from the other parties and many of his own MPs, Osborne surprised many by announcing he was dropping the proposal in its entirety. Despite believing in it for economic reasons, he recognised the political damage it could cause his future leadership bid.