Wales will benefit from over half a billion pounds in additional funding for the Welsh Government, as well as £120 million for a North Wales Growth Deal, the Chancellor has announced in the Budget today. This year’s Budget is a result of the UK govern… read more
Welsh Secretary:Today’s budget shows the scale of ambition the UK Government has for Wales read more
Future rates were announced by the Chancellor of the Exchequer in the Budget, in line with those recommended by the LPC. The National Living Wage (NLW), the statutory minimum for workers aged 25 and over, will increase by 4.9% to £8.21 per hour. Rate… read more
Bryan Sanderson, Chair of the Low Pay Commission (LPC), today welcomed the Government’s announcement that it has accepted in full the recommendations the LPC made for future minimum wage rates. read more
1. Public finances have reached a turning point Since 2009-2010 the deficit has fallen by four-fifths, from 9.9% to 1.9%. Public debt peaked in 2016-17 and is now falling. On average, spending on public services will grow 1.2% above inflation a year f… read more