A survey found prices rose in January and will continue to rise over the next three months.Read the full story ›
Construction in Wales is set to grow faster than anywhere else in the UK, according to new research.Read the full story ›
‘Traditional Welsh Caerphilly' has joined Champagne and Parma Ham by being awarded protected food name status by the European Commission.Read the full story ›
Vauxhall plans to cut a further 250 jobs at its Ellesmere Port plant in Cheshire, the company has confirmed.Read the full story ›
Controversial plans for a new stretch of motorway around Newport has taken a step further today.Read the full story ›
Cardiff University scientists have joined forces with a Bridgend brewery to create a beer using honey from the university's own beehives.Read the full story ›
It's the third themed year, as part of a campaign to get more visitors to Wales.Read the full story ›
Finance Secretary Mark Drakeford says he will reflect on how to respond to the Chancellor's decision to exempt first time buyers from stamp duty, unless they're buying a home worth more than £300,000.
If he takes no action, the tax break will end for Welsh first time buyers next April, when stamp duty will be replaced in Wales by Land Transaction Tax, payable on the purchase of all properties worth over £150,000.
Professor Drakeford was asked by the Tory Group AM Mark Reckless if Welsh first time buyers would have to rush to buy their homes.
They will not be knocked over in the rush because the number of first time buyers in Wales, who are buying home worth £300,000, means that it will be perfectly possible to form an orderly queue.
I will do my best to resolve the uncertainty created by the Chancellor today by coming forward with proposals that I will [first] reflect on.
The Budget's impact on Wales has been strongly defended by the Welsh Secretary but condemned by his political opponents.Read the full story ›
Here are the changes to the Welsh Government's Treasury funding announced in the budget. Capital funding for improvements to roads, schools, hospitals and other projects, gets the biggest boost:
- 2017/18: £1.7 billion (up from £1.6 billion)
- 2018/19: £1.9 billion (up from £1.7 billion)
- 2019/20: £2.1 billion (up from £1.8 billion)
- 2020/21: £2.2 billion (up from £1.9 billion)
But resource funding, which covers year-on-year spending, is mostly unchanged since the Spring Budget.