The implications concerning the Midlands following the Autumn Statement.
Central News Political Correspondent Alison Mackenzie looks at how today's Budget impacts on the Midlands.
Click here for live updates on today's budget announcement from the House of Commons.
Chancellor George Osborne has said that the case of the Derby house fire raises questions about whether the Government and taxpayers should be "subsidising lifestyles like that".
Chancellor George Osborne has questioned why the taxpayer should pay for benefit "lifestyles" such as those of child killer Mick Philpott.
When asked on a visit to Derby if the Philpotts were a product of Britain's benefit system, Mr Osborne said: "It's right we ask questions as a Government, a society and as taxpayers, why we are subsidising lifestyles like these. It does need to be handled."
He said Philpott "was responsible for horrendous crimes, crimes which have shocked the nation".
Work and Pensions Secretary Iain Duncan Smith has said that housing benefit changes that have been introduced today are about "fairness".
In response to criticisms of the so-called 'bedroom tax', he said: "The reality is this is about getting our housing benefit back into order".
"This is about fairness. It's about fairness to those who pay vast sums of money in taxation to see that people living in subsidised accommodation who often don't use the bedrooms they've got, while others in overcrowded accommodation.... they can't get the accommodation they need.
"This is a nonsense problem that was created by the last government who didn't build enough housing and didn't manage the housing stock properly".
Chancellor George Osborne said HS2 will be an "engine for growth" in the North and Midlands, and will create tens of thousands of jobs.
He acknowledged that communities along its route would face a "very difficult" disruption to their lives, but said the economic benefits were "pretty compelling". He told BBC Breakfast:
– Chancellor George Osborne
I think it is the engine for growth in the North and the Midlands of this country. I think it is going to create tens of thousands of jobs in Manchester and across our great cities.
In the end, as a country, you have got to make those long-term choices. If our predecessors hadn't decided to build the railways in the Victorian times or the motorways in the middle part of the 20th century, then we wouldn't have those things today.
Mark Pawsey, the Conservative MP for Rugby has welcomed the relief on new commercial properties that George Osbourne announced in his Autumn Statement earlier.
Chris Williamson, the Labour MP for Derby North has asked the chancellor, George Osbourne, to accept that poverty is rising and debt is increasing.
Following today's Autumn Statement from the Chancellor, below is a list of the progress of construction and infrastructure schemes for the West Midlands:
Starting soon: Darlaston Access Improvement Scheme (2013) & Worcester Integrated Transport Project (2013).
Under construction: M6 J5-8 (expected to be completed in 2014) & Midland Metro Birmingham Extension (expected to be completed in 2015).
New funding announced: M6 J10A to 13 accelerated delivery pilot, M40 J12 works & Super-connected cities (Coventry).
Following today's Autumn Statement from the Chancellor, below is a list of the progress of construction and infrastructure schemes for the East Midlands:
Starting soon: Loughborough Road Improvements (early 2013) & London Road bridge, Derby (2013).
Under construction: Nottingham Tram Extension (opens 2014) & A43 Corby Link (due to be completed in 2014).
New funding announced: M1 J28 to 31 accelerated delivery pilot & Super-connected cities (Derby).
ITV Central's Political Correspondant, Alison Mackenzie is in the House of Commons as the Autumn Statement is given.
Improvements to A1 have been announced and the go-ahead given to High Speed 2 in the Autumn Statement.
There will be extra funds for the regional growth fund.
Benefits will be increased by 1% in the next 3 years.