In this series of blog posts, Jesús Rodríguez from the Wales Fiscal Analysis (WFA) team explores the economic challenges facing the incoming Welsh Government in recovering from Covid-19. Part 1 can be found here. The impact of Covid-19 on the Welsh labour market As expected, given the magnitude of the economic recession, the Covid-19 pandemic has had a Read more
In this series of blog posts, Jesús Rodríguez from the Wales Fiscal Analysis (WFA) team explores the economic challenges facing the incoming Welsh Government in recovering from Covid-19 The 2021 Senedd election on 6 May took place amid a significant reduction in Covid-19 cases and deaths. Some restrictions implemented to contain the spread of the virus have been progressively Read more
Welsh Government Supplementary Budgets do not usually garner much attention. Given the momentous events since the Welsh Government published its Final Budget allocations in March, tomorrow’s supplementary budget will be different. It may perhaps be the most significant budget ‘event’ in the history of devolution. The scale of additional funding to be allocated in this Read more
Last year saw the fastest growth in public spending for Wales since 2009-10. However, total spending is still well below 2009-10 levels, particularly on areas outside of health and social protection. In this post, Guto Ifan and Cian Sion from Wales Fiscal Analysis analyse the latest release of data on total public spending for Wales. Read more
George Osborne’s Chancellorship was famously littered with headline-grabbing tax reforms, tax-hikes and give-aways. In style and politics, the ex-Chancellor may have very little in common with the Welsh Government’s Cabinet Secretary for Finance and Local Government, Mark Drakeford, but he would have been proud of one particular announcement in the latter’s budget speech last week. Read more
