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Finance

Spring Statement 2025 – the implications for Wales

Spring Statement 2025 – the implications for Wales

Posted on 27 March 2025 by Guto Ifan

By Guto Ifan, Owain Roberts and Ed Gareth Poole With dark economic clouds gathering, the Chancellor decided to cut spending to meet her ‘iron-clad’ fiscal rules. This blog looks at […]

Making sense of the Welsh Government’s Draft Budget for 2025-26

Making sense of the Welsh Government’s Draft Budget for 2025-26

Posted on 11 December 2024 by Guto Ifan

Following Rachel Reeves’ decisions on taxation, spending and borrowing, this was always going to be a “big” budget. The Welsh Government had significantly more funding to allocate than was expected […]

Autumn Reeves: The 2024 Labour budget and its implications for Wales

Autumn Reeves: The 2024 Labour budget and its implications for Wales

Posted on 31 October 2024 by Guto Ifan

Ed Gareth Poole and Guto Ifan, Wales Fiscal Analysis   Following an election in which both main parties largely ignored the reality facing the UK’s public finances, yesterday’s budget provided […]

Stark choices await the Welsh Budget – whichever party wins the UK General Election

Stark choices await the Welsh Budget – whichever party wins the UK General Election

Posted on 26 June 2024 by Guto Ifan

Wales Fiscal Analysis briefing on the implications of the 2024 General Election manifestos for the Welsh Government budget As the General Election campaign reaches its final stages, the major UK […]

Health by a thousand cuts? An initial analysis of the Welsh Government Draft Budget

Health by a thousand cuts? An initial analysis of the Welsh Government Draft Budget

Posted on 20 December 2023 by Guto Ifan

On 19 October, the Welsh Government published its Draft Budget for 2024-25. It had additional funding to allocate - but the budget had been significantly eroded by higher-than-expected inflation, with […]

Beyond Politics: Labour Market Status in Wales

Posted on 14 November 2023 by Larissa Peixoto Gomes

Wales Fiscal Analysis has brough together a report using various data sources to show the reality of the labour market in Wales and how economic shocks affect the nation. Analyses […]

“A perfect storm” – an initial analysis of the Welsh Government’s Draft Budget for 2023-24

“A perfect storm” – an initial analysis of the Welsh Government’s Draft Budget for 2023-24

Posted on 15 December 2022 by Guto Ifan

Setting out the Welsh Government’s Draft Budget for 2023-24, Rebecca Evans described the annual exercise as one of the toughest since devolution. As we outlined in our Welsh Budget Outlook […]

Chancellor Kicks the Can of Full Fiscal Consolidation beyond the General Election

Chancellor Kicks the Can of Full Fiscal Consolidation beyond the General Election

Posted on 17 November 2022 by Cian Sion

Facing a sea of red ink in the Office of Budget Responsibility’s grim economic outlook, the Chancellor chose to protect key areas of spending on health and education… at least until the next General Election due in two years' time.

Yma o Hyd? The Welsh economy of ’58

Yma o Hyd? The Welsh economy of ’58

Posted on 16 November 2022 by Guto Ifan

On 21 November 2022, Wales will play in a World Cup finals game for the first time since our quarter final loss against Brazil on 19 June 1958. In the […]

What does the mini-budget mean for Wales?

What does the mini-budget mean for Wales?

Posted on 23 September 2022 by Cian Sion

Today's not-so-mini-budget included the largest tax give-away of any fiscal event in fifty years. In this blog post, the Wales Fiscal Analysis team take stock of what was announced, what wasn't announced, and the implications for Wales.