The Welsh budget

Jane HuttLabour

27 January 2026, Plenary

Business Statement and Announcement

Thank you very much, Altaf Hussain. We're giving an extra £5 million for further education in this final budget. Are you going to support it, Altaf Hussain—an extra £5 million for further education in this final budget? Taken with the extra funding at the draft budget, it means that we're allocating…

Tagged for: “final budget”, “draft budget”Official Record

Jane HuttLabour

27 January 2026, Plenary

Business Statement and Announcement

…to £21.9 million in income for 2025-26, and an additional £5 million for further education in this the final budget—extra funding at the draft budget, extra funding via Medr for 2026-27. Importantly for higher education, this is to support priorities in further and higher education.

Tagged for: “final budget”, “draft budget”Official Record

Jane DoddsLib Dem

27 January 2026, Plenary

Questions to the First Minister

…towns and young people go for education. I was pleased that last year I secured £1.25 million in the budget deal, and I'm pleased to see that that's going to continue into this year. Five trains a day now, but we need more than that: we need eight trains a day. So, could I ask you: what is your…

Tagged for: “budget deal”Official Record

Eluned MorganLabour

27 January 2026, Plenary

Questions to the First Minister

…services to provide that stability and hope, and an extra £400 million since the draft budget was published. What I am focused on is making sure that we focus on the things that really matter to the people of Wales. To the record-breaking—[Inaudible.]—that were delivered last month. And thank you to…

Tagged for: “draft budget”Official Record

Matthew Dicks

21 January 2026, Local Government and Housing Committee

Follow-up inquiry on social housing supply: Evidence session 1

…well. I think the previous housing Minister always used the figure that, at the start of the previous spending review period, when the ambition was set, we were building around seven homes for £1 million, and a couple of years ago, we were building only around four for that same figure. The cost of…

Tagged for: “spending review”Official Record

Peredur Owen GriffithsPlaid

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

There will be a transcript available for you to check for accuracy, and if you could supply that note, that would be very, very interesting for us. Diolch yn fawr iawn.

Tagged from the title of its item or question: “Final Budget”Official Record

Mark DrakefordLabour

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

Both of those things were mentioned at the meeting. More time was spent on vacant land tax. One of the slightly frustrating things—it's been true of Governments of different colours—is that when you're dealing with UK Ministers, you don't often meet the same person twice. So, there was a new…

Tagged from the title of its item or question: “Final Budget”Official Record

Peredur Owen GriffithsPlaid

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

That gives us a lot of other things to think about. Just before you go on, you mentioned that meeting that you had with the Exchequer after this was announced, then, talking about taxes, and it's something that we enjoy talking about in this committee, but the old chestnut of the vacant land tax, is…

Tagged from the title of its item or question: “Final Budget”Official Record

Andrew Jeffreys

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

Yes. So, we have been starting to talk to HMRC and OBR about this. For example, in the tax ready reckoner next year, we would expect to see a more formal estimate of what changes in Welsh rates of income tax on property income would generate in terms of revenues, or what the reductions would cost. I…

Tagged from the title of its item or question: “Final Budget”Official Record

Mark DrakefordLabour

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

Well, there is data already available. It's not yet as complete as we will need it to be, but we're not without data, which is the advice I've had. I was able to show some of the scale of the sliver and what would happen if you were to vary the rates. But work will go on to improve data, and I…

Tagged from the title of its item or question: “Final Budget”Official Record

Sam RowlandsConservative

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

Thanks, Chair, and perhaps finally on this, Cabinet Secretary, we've heard a description of some of the data that is available on this, and sometimes being perhaps older than you'd want it to be. I'm just trying to understand what access you have to data to help you and future Governments make some…

Tagged from the title of its item or question: “Final Budget”Official Record

Mark DrakefordLabour

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

Yes, and it's a very important part, isn't it, because the vote on WRIT comes before the vote on the final budget.

Tagged for: “final budget”Official Record

Andrew Jeffreys

21 January 2026, Finance Committee

Welsh Government Final Budget 2026-27: Evidence session

I think that we need to do some work on that with the Senedd about exactly what form that resolution would take and whether you'd vote on two separate sets of rates.

Tagged from the title of its item or question: “Final Budget”Official Record