Increase in state pension announced
ITV Wales Political Editor, Adrian Masters, says six hundred and forty thousand pensioners in Wales will benefit from an increase in basic state pensions.
The increase has just been announced in the Chancellor's Autumn Statement.
Also as a result of spending in England the Welsh Government is set to receive an extra £52 million according to the Wales Office.
First thoughts on George Osborne's Autumn Statement
The numbers in the Chancellor's statement show a far weaker economic picture than the government had hoped for and some heroic assumptions.
Chancellor's Autumn Statement : what it means for Wales
George Osborne has this lunchtime delivered his Autumn statement. Set out below is a brief summary of the impacts it will have on Wales.
Chancellor's statement: what will it mean for Wales?
Welsh politicians are watching closely as George Osborne's latest spending plans are unveiled