Autumn Statement

George Osborne has delivering his latest assessment of the state of the economy in the Autumn Statement, announcing that growth forecasts for the upcoming years are "significantly up".

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Scottish Government crunch Autumn Statement numbers

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:

"It is ludicrous for Westminster to claim increased funding for Scotland when today's announcement does not make up for the ground lost by cuts announced earlier this year."

– John Swinney, Scottish Finance Secretary

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.

"The SNP aims to make sure the pension age in Scotland is fit for Scotland's people rather than the Westminster Treasury."

– John Swinney, Scottish Finance Secretary

And while the SNP was crunching the numbers, both Labour and the Liberal Democrats at Holyrood stepped up the pressure on them to use the new money for childcare.

For more news on the Autumn Statement you can read the blog by our Political Editor Peter MacMahon.

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