Chancellor George Osborne's Spending Review took many people in the region by surprise.
Carlisle has been named an Enterprise Zone, which could bring thousands of jobs to the area.
Proposed cuts to tax credits have also been scrapped, and the Chancellor says there will be NO further cuts to the police budget.
Lillyhall, in Workington, has missed out on a bid to become an Enterprise Zone.
In his Spending Review, Chancellor George Osborne announced that Kingmoor Park in Carlisle will be one of 25 new or extended zones.
But while Kingmoor Park has been successful, Lillyhall business park in Workington has NOT been named one of the Enterprise Zones.
The Chancellor's announcement that there'll be no cuts to tax credits has been welcomed by families in the Borders.
Find out how having a new 'Enterprise Zone' in Carlisle could boost business in Cumbria.
A summary of the key announcements from Chancellor George Osborne's Autumn Statement and Spending Review.