Does missing the Government's debt target matter? One of the ratings agencies that Chancellor George Osborne says we have to keep onside says it does. Fitch says it "Weakens the credibility of the UK's fiscal framework, which is one of the factors supporting the [AAA] rating".
Britain may face further cuts and tax rises even after the next elections, the Institute for Fiscal Studies warned today.
While Chancellor George Osborne's Autumn Statement was mainly about spending cuts, there were incentives too but do the numbers add up?
The cap on benefits rises will mean a cut in real terms for people living on welfare and those on low incomes, as Penny Marshall finds out.