Here's how Iain Duncan Smith reacted to George Osborne's tax credits U-turn

Back in July, Iain Duncan Smith made headlines for his excitable double-fist-pump when George Osborne announced the introduction of the compulsory £9-an-hour minimum wage.

It really was quite something

Fast forward five months, and following vocal opposition, George Osborne announced during Wednesday's spending review that proposed cuts to tax credits would not go ahead.

In a huge U-turn, the Chancellor explained that the plan which would have seen up to three million families £1,300-a-year worse off had been abandoned.

Here's how IDS reacted to the Osborne U-turn:

It had been reported that Duncan Smith had threatened to resign if his flagship Universal Credit programme was raided to soften the impact of tax credit cuts.

Correction: This story initially said IDS had threatened to resign over tax credit cuts.

More: George Osborne admits defeat. Tax credit cuts will not go ahead