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Finance

The price is (not) right: surveying the Welsh house price boom

The price is (not) right: surveying the Welsh house price boom

Posted on 1 July 2021 by Cian Sion

Today marks the end of the Land Transaction Tax (LTT) holiday in Wales. Property purchases over £180,000 will no longer qualify for the temporary tax relief worth up to £2,450. […]

Local government finance: the state of play in 2021−22

Local government finance: the state of play in 2021−22

Posted on 10 March 2021 by Cian Sion

This blog post sets the scene for local government as we enter a new financial year and the second year in the shadow of COVID-19.

What do the latest population projections tell us about Wales?

What do the latest population projections tell us about Wales?

Posted on 30 October 2019 by Cian Sion

The Wales Fiscal Analysis team share insights from the latest population projections and reveal that Wales may be on the verge of its first period of sustained population decline in nearly a century.

Another small step out of austerity – before a giant leap into the unknown

Another small step out of austerity – before a giant leap into the unknown

Posted on 15 March 2019 by Cian Sion

Amidst the political drama of crucial Brexit votes this week, the Chancellor of the Exchequer delivered his Spring Statement on the UK’s economy and public finances. This blog post looks at what the Spring Statement and forecasts from the Office for Budget Responsibility (OBR) can tell us about future Welsh budgets and Welsh public services.

Not so fast – for Welsh local authorities, austerity won’t be “coming to an end” any time soon

Not so fast – for Welsh local authorities, austerity won’t be “coming to an end” any time soon

Posted on 18 February 2019 by Cian Sion

At last year’s Autumn Budget, the UK Chancellor, Philip Hammond, asserted with confidence that “austerity is finally coming to an end”. His claim is unlikely to resonate within the halls of local government in Wales. Despite nearly a decade of sustained budget cuts, the outlook for local government finance suggests that tough choices and trade-offs are here to stay.

Cut to the bone? How a decade of austerity has left its mark on local government in Wales

Cut to the bone? How a decade of austerity has left its mark on local government in Wales

Posted on 12 February 2019 by Cian Sion

As local authorities across Wales prepare to publish their budgets for 2019-20, expect to see a significant rise in Council Tax, with councils increasingly relying on locally-sourced revenue to partially offset cuts to their funding and to meet increasing demand pressures.

Dude, where’s my consequentials?

Dude, where’s my consequentials?

Posted on 27 June 2017 by Guto Ifan

This article was written by Guto Ifan. Guto joined the Wales Governance Centre at Cardiff University as a research assistant on the Government Expenditure and Revenue Wales (GERW) project, analysing […]

What does the Autumn Statement mean for the Welsh Government budget? – Guto Ifan

What does the Autumn Statement mean for the Welsh Government budget? – Guto Ifan

Posted on 24 November 2016 by Guto Ifan

This article was written by Guto Ifan. Guto joined the Wales Governance Centre at Cardiff University as a research assistant on the Government Expenditure and Revenue Wales (GERW) project, estimating […]