1. ITV Report

Ministers meet in Cardiff to discuss Brexit vote impact

Finance ministers from the UK's three devolved administrations are meeting in Wales to discuss the implications of the vote to leave the European Union.

Credit: PA

Scottish Government Finance Secretary Derek Mackay will travel to Cardiff for talks with his counterparts from Wales and Northern Ireland, Mark Drakeford and Martin O Muilleoir.

The ministers are expected to discuss concerns around the impact of the Brexit vote on public finances and on future funding streams.

52.5% of voters in Wales opted to leave the EU.

I look forward to welcoming Máirtín and Derek to Cardiff for these important talks. The referendum result has clear implications for each of our countries and our public finances, including the Welsh budget.

With so much uncertainty following the referendum, it is more important than ever that we come together to explore how we can work collectively to raise our concerns with the UK Government and get assurances for our devolved administrations.

– Cabinet Secretary for Finance and Local Government, Mark Drakeford

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