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Finance

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.  

Public sector pay and inflation – the implications for the Welsh budget and public services

Public sector pay and inflation – the implications for the Welsh budget and public services

Posted on 29 July 2022 by Guto Ifan

Last week saw the publication of pay recommendations by the NHS Pay Review Body and the Independent Welsh Pay Review Body. The recommendations made − and accepted by the Welsh […]

Local government finance: five key trends for the next five years

Local government finance: five key trends for the next five years

Posted on 27 April 2022 by Cian Sion

As local election day approaches, this Wales Fiscal Analysis blog post sets out the funding and spending context for local authorities over the next five years.