, Finance Committee
Financial Transactions Capital: Evidence session 3
Well, Chair, there's certainly a list of all the projects that have been funded in this way since the start, which the committee is very welcome to have; data is disaggregated to that extent. I once had a discussion of some of this, quite a while ago now, up…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Yes, absolutely.
, Finance Committee
Financial Transactions Capital: Evidence session 3
I'll ask Andrew or Sharon to have a view on whether that pool is growing. But I think the experience of using FTC is that a sort of general advertising of it doesn't get you a big result. You've got to be prepared to invest quite a lot of time and effort in…
, Finance Committee
Financial Transactions Capital: Evidence session 3
I think maybe the point, Chair, you're making is a fair one, that knowledge will be different depending on the extent to which departments have used this in the past. So, a department that has made good use of it will be in a better position than departments…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Look, that happens every year. Because when we know in the autumn statement how much new FTC we've got, a commission goes round the whole of the Government to say, 'Have you got purposes that this could be useful to you in being able to secure funding for…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Yes, that is our experience, isn't it, that organisations will use FTC, but it's only when they have exhausted other more straightforward, or sometimes cheaper—. Because we have to charge interest on these loans in order to cover the repayments and the fact…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Again, I'll ask others to help, but the place where I've seen this most clearly is in the way that the Development Bank of Wales can tell you how much money in the Help to Buy scheme—so, the original costs, they can tell you how much money they've had back…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Not that I've seen, Chair. At the moment, the Treasury and the Chancellor are focused on 30 October, which will be a one-year budget. So, I guess most of their time is taken in trying to prepare and plan for that. Work is going on in the background, and work…
, Finance Committee
Financial Transactions Capital: Evidence session 3
I'll probably ask Andrew, because he's had to manage it over the period. But every year there is uncertainty, because we don't hear until the autumn statement how much financial transactions capital is coming our way, and we have that short gap between the…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Well, I think the future is inherently uncertain in this area, and for two reasons. One is that there is a new Government and there will be new preoccupations. This Government is much more, understandably, focused on the debt, rather than the deficit, and…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Cadeirydd, diolch yn fawr. I should say at the outset that I am refamiliarising myself with the intricacies of FTC. But I think the basic answer to the question is that the Welsh Government operates very much within the rules for financial transactions…
, Finance Committee
Financial Transactions Capital: Evidence session 3
Good morning, Chair, and thank you for the opportunity to be here. Here this morning I have Andrew Jeffreys and Sharon Bounds, who work in the finance team and will help me before the committee today.
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
These are important points that Members are making. Today's statement is about public sector pay and the awards that we have been able to make directly to those people whose pay is governed by the independent oversight that the different boards bring to that…
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
Well, thank you very much to the Chair of the Finance Committee. I look forward to appearing before the committee tomorrow morning, of course.
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
I thank Carolyn Thomas for that, Llywydd. She echoed in her introductory remarks something that Heledd Fychan had said: public sector workers are to be found in every community in Wales. It was always the technique of the Conservative Party to somehow…
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
I'll just say at the close, Llywydd, two things. I'm very glad that we were able to make the same arrangements for arm’s-length bodies in Wales. I hope that will help them with the challenging budgets, which we know that they face too. But behind what we have…
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
Thank you to Heledd Fychan for those comments and thank you to her for what she said in welcoming what we've announced. As I said to Peter Fox, we accept the fact that the statement doesn't resolve all of the problems that we have in our public workforce…
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
I thank Peter Fox for those questions and for the welcome that he gave to the announcements that have been made. I agree with him that properly rewarding people who do these very difficult and demanding jobs on behalf of the public will help us with some…
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
Llywydd, this Senedd passed the Welsh budget in March of this year. Members will recall that it reflected some very difficult choices, made in the face of the toughest financial pressures we have experienced since the start of devolution. When preparing that…
, Plenary
Statement by the Cabinet Secretary for Finance and Welsh Language: Public sector pay
Thank you very much, Llywydd. Last week, the First Minister announced that the Welsh Government had accepted the recommendations of the independent pay review bodies for 2024-25. She also announced that the Welsh Government would fund up to an average of a 5…
, Plenary
Nomination of the First Minister under Standing Order 8
Eluned Morgan.
, Health and Social Care Committee
Health and Social Care (Wales) Bill: evidence session with Care Inspectorate Wales and Social Care Wales
Thank you very much. Diolch yn fawr.
, Health and Social Care Committee
Health and Social Care (Wales) Bill: evidence session with Care Inspectorate Wales and Social Care Wales
Just one specific question. Gillian, you just set out the advantages that the supplementary placement provision provides in the transition. Some witnesses have said to us that the supplementary placement provision in the Bill will act to legitimate and…
, Health and Social Care Committee
Health and Social Care (Wales) Bill: evidence session with Care Inspectorate Wales and Social Care Wales
I've got one general question and one specific question for both organisations. The Bill is one strand in a much wider programme of activity that the Government has undertaken to help reduce the flow of children into public care in Wales. What contribution…
, Health and Social Care Committee
Health and Social Care (Wales) Bill: evidence session with Care Inspectorate Wales and Social Care Wales
Thank you, Chair. One specific question and one general question. I'll ask the question in English.
