The coalition Government in Westminster says the Autumn Statement hands Scotland an extra £308 million in the next two years. But the Nationalist Scottish Government says that doesn't make up for £3.1 billion of previous cuts.
SNP ministers are under opposition pressure to spend the extra cash on their flagship policy of extra childcare.
Our Political Editor Peter MacMahon got this reaction at Holyrood today:
Chancellor George Osbourne's had good news about our economy in his Autumn Statement today but said the job is not finished yet - and the decisions he announced will affect us all.
The state pension is to rise by £2.95 from next April. But younger people will work for longer. The pension age is increasing to 68 and then 69 sooner than planned - and there will be no rise in fuel duty in September 2014.
Our reporter Matthew Taylor has been speaking to families and businesses to find out how they think the Chancellor's statement affects their lives:
The new Autumn Statement has brought mixed news for workers across Britain.
Although the state pension is to rise by £2.95 from next April, younger people will work for longer as the pension age is increasing to 68 and then 69 sooner than planned.
Despite this, George Osborne said the austerity plans put in place during the recession have had a positive effect.
Scotland's Finance Secretary says Scotland has already suffered £3.1bn in cuts as a result of the George Osborne's Autumn Statement
John Swinney claims there will be £4bn more of cuts if Scotland votes against independence.
But, Osborne said there would be more money for Scotland.
Mr Swinney disagrees:
Mr Swinney also attacked the rise in the pension age proposed by the Chancellor.
The Finance Secretary said that if Scotland becomes independent the Scottish Government will review the proposed pension age increase to 67.
- Growth forecasts are "significantly up" in the largest improvement at any Budget or Autumn Statement for 14 years, with UK growing faster than any other major economy.
- The state pension will rise by £2.95 a week from next April. People now in their 40s will receive a state pension at 68. Those in their 30s will be 69.
- Financial resources will be provided to fund expansion of free school meals to all school children in reception, year one and year two.
- The fuel duty rise for next year has been cancelled.
- Plans to increase train fares by 1% above inflation has been cancelled.
The Chancellor's Autumn Statement won the support from the Federation of Small Businesses.
Economist Alan Clarke, of Scotiabank, says: "The UK credit rating may well be revised up on the back of this - better growth, less borrowing and debt to GDP starts to fall earlier."