Today’s budget shows the scale of ambition the UK Government has for Wales. From the clear support for a North Wales Growth Deal, reviewing borrowing capacity to deliver critical infrastructure projects, and the additional half a billion of spending power, this is a Budget that clearly backs Wales’s future prosperity.
Wales has been more reliant on furlough than any other part of the United Kingdom because we have a high proportion of manufacturing jobs. In the budget Mr Sunak announced that the furlough scheme
What does the Spring Budget mean for the property market ? A tapered extension to the stamp duty holiday and a government-backed mortgage guarantee scheme are among the measures aimed at helping home buyers and sellers delivered by Chancellor Rishi Sunak in the Spring 2021 Budget. Here is everything you need to know about today’s property-related Budget announcements. Stamp Duty Holiday extension
What time is The Budget and what will Rishi Sunak say ? Mr Sunak is thought to be considering an increase in the tax on profits from 19p in the pound to between 23p and 25p. It is also worth keeping an …
Significance for Wales. The UK is scheduled to have left the EU by the time the next MFF comes into force. However, the EU’s future long-term budget may still be of relevance to Wales and the UK, for the two reasons outlined in the introduction to this blog. Funding for EU programmes
What Budget 2014 Means for Wales The Welsh Conservative ? Announcements contained in the Budget statement will also benefit families across Wales by encouraging aspiration and helping with the cost of living. The increase in the income tax personal allowance to £10,500 will see an additional 14,000 people lifted out of income tax.
‘What is the point of the Wales Office? A Plaid Cymru MP has asked “what’s the point of the Wales Office?”, amid uncertainty about the Welsh budget. The party’s Westminster leader, Liz Saville Roberts MP, today accused the Secretary of State for Wales, Simon Hart, of not being able to “persuade his colleagues in the Treasury” to speak to the Welsh Government.
Since the start of the pandemic, the UK Government has supported Wales with an extra £5.2 billion to fight Covid-19. £5.2 billion over and above what the Welsh Government had in their own budget. This is a colossal sum of money and it’s not the only financial support that has come to Wales to back our business, jobs and prospects for recovery.
Rishi Sunak's Budget: £30m for rail testing centre in Wales? Rishi Sunak's Budget: £30m for rail testing centre in Wales. A £30 million UK Government contribution to a planned rail testing complex between Neath Port Talbot and Powys has been welcomed by the local councils. The announcement of the funding award in Chancellor Rishi Sunak’s budget speech yesterday (March 3) was described as a major step
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