Covid-19 and the economic challenges facing the incoming Welsh Government – part 1

Posted on 14 May 2021 by Guto Ifan

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

Assembky Chamber

Funding the response to COVID-19: looking ahead to an unprecedented Supplementary Budget

Posted on 26 May 2020 by Guto Ifan

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

Taxes in the draft Welsh Budget – Wales’ first ‘rabbit-out-of-hat’ moment?

Posted on 9 October 2017 by Guto Ifan

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