365NEWSX
365NEWSX
Subscribe

Welcome

Wales warns Jeremy Hunt’s budget could force redraw of its own

Wales warns Jeremy Hunt’s budget could force redraw of its own

Wales warns Jeremy Hunt’s budget could force redraw of its own
Mar 01, 2024 50 secs

Speaking to the Guardian, Evans said the UK government should reject tax cuts in favour of setting aside spare funds to increase public services across the four nations.

She said Hunt needed to top up the Welsh financial settlement or risk Wales suffering even deeper cuts in public services than will take place in England.

Public investment that ministers hoped could be increased to build vital infrastructure is on course to fall by 3.2% to £2.9bn, after a cut in the allocation by officials in London.

Evans said taking inflation into account means it adds up to a 9% cut “that prevents us investing in infrastructure and the skills we need to grow the economy”.

Childcare funding is among the areas that will take the brunt of cuts in the 2025 budget, though Evans said higher demand could force her to reverse some of the reductions in spending.

“The fiscal framework it agreed ensures funding is fair and includes substantial flexibility and tools for the Welsh government to manage its budget.”

Summarized by 365NEWSX ROBOTS

RECENT NEWS

SUBSCRIBE

Get monthly updates and free resources.

CONNECT WITH US

© Copyright 2024 365NEWSX - All RIGHTS RESERVED