Funding from the UK Treasury

Mike HedgesLabour

23 October 2024, Plenary

Plaid Cymru Debate: UK Government Budget

That's quite interesting. I'm not quite sure how it takes us any iota further forward. I mean, the point is that it would come off the block grant. I actually support it coming to Wales, because there are things we can do with it, but I don't think that money is one of them. HS2 is an England-only…

Tagged for: “block grant”, “Barnett”, “consequential”, “the Treasury”…Official Record

Mike HedgesLabour

23 October 2024, Plenary

Plaid Cymru Debate: UK Government Budget

…as soon as possible, with relevant timescales, will not generate any extra money. It will come off the block grant. How do I know that? This is what happened when income tax was partially devolved and when stamp duty and landfill taxes were devolved. I actually support the devolution of the Crown…

Tagged for: “block grant”Official Record

Peter FoxConservative

23 October 2024, Plenary

Plaid Cymru Debate: UK Government Budget

…this measure, they would be bouncing up and down, shouting at us constantly. Sadly, it looks like the Chancellor is set to break a manifesto promise next week by raising national insurance on employers. And I want to be clear: this is a breaking of their manifesto promise. It's not just me who is…

Tagged for: “Chancellor”, “Barnett”, “consequentials”Official Record

Heledd FychanPlaid

23 October 2024, Plenary

Plaid Cymru Debate: UK Government Budget

And that then brings us to our third ask, namely a commitment to replace the Barnett formula as soon as possible, along with the relevant timetable. The Conservative amendment retains this demand, but what of the Government amendment? Once again, no reference made to reforming the Barnett formula.…

Tagged for: “Barnett”Translated from WelshOfficial Record

Heledd FychanPlaid

23 October 2024, Plenary

Plaid Cymru Debate: UK Government Budget

…for the reclassification of HS2 as an England-only project and that Wales receives the £4 billion HS2 consequential previously demanded by the Welsh Government as well as the now Secretary of State for Wales as recently as 2022. Now, the Government’s amendment waters down those previous demands and…

Tagged for: “consequential”Official Record

Sam RowlandsConservative

23 October 2024, Plenary

Questions to the Cabinet Secretary for Economy, Energy and Planning

…we have problems in our degree apprenticeship programme here in Wales. I recently met with the new vice-chancellor of Wrexham University, and I also met with the Royal College of Occupational Therapists, who were both very clear that degree apprenticeships can make a big difference not just to the…

Tagged for: “chancellor”Official Record

Mark DrakefordLabour

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

…and Northern Ireland made exactly the same points. I look forward to having further discussions with the Treasury on providing greater flexibility for us to deal with the funding that has been our money from the outset.

Tagged for: “the Treasury”Translated from WelshOfficial Record

Mike HedgesLabour

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

…The finance Minister has said he is confident that this expenditure will be funded from expected consequentials from the UK Government, and he has said that those allocations will be regularised as part of the second supplementary budget in February. The supplementary budget confirms that Welsh…

Tagged for: “consequentials”, “the Treasury”, “consequential”Official Record

Heledd FychanPlaid

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

…And do you agree that this should be a consideration as part of the wider reforms required to the fiscal framework? One element of this budget that is disappointing is the fact that it doesn't address the cuts made in terms of the preventative budget. I think we've been robust here—Rhun ap Iorwerth…

Tagged for: “fiscal framework”Translated from WelshOfficial Record

Peter FoxConservative

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

…As it stands, the challenges for our businesses and workers are about to get worse here in Wales as the Chancellor looks set to increase national insurance for employers. This move, as the Chancellor herself has previously said, will make each new recruit more expensive and increase the cost to…

Tagged for: “Chancellor”Official Record

Peredur Owen GriffithsPlaid

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

Llywydd, I'd like to finish my contribution by talking about progress made between the Welsh Government and the Treasury on securing better budget flexibilities in order to maximise devolved spending in Wales. Members will be aware that this is an area of long-standing interest to the committee, and…

Tagged for: “the Treasury”, “fiscal framework”Translated from WelshOfficial Record

Mark DrakefordLabour

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

…any other funding that is allocated from reserves this year. That too will include the details of any consequential funding for Wales, positive or negative, following changes to the departmental expenditure of the UK Government. Thanks again to the Finance Committee for scrutinising the first…

Tagged for: “consequential”Translated from WelshOfficial Record

Mark DrakefordLabour

22 October 2024, Plenary

Debate: The First Supplementary Budget 2024-25

…include adjustments to the overall level of resources available to Wales, reflecting transfers and consequentials arising from changes in UK departmental spending. The budget also regularises approved transfers within and between Welsh Government ministerial portfolios. The supplementary budget…

Tagged for: “consequentials”, “Consequential”Official Record