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£400 million extra "won't meet needs of Wales" says Finance Secretary

Mark Drakeford gave his instant response to the Auntmn Statement to AMs Credit: Senedd TV

Finance Minister Mark Drakeford has told AMs that the Welsh Government will make the most of extra money from the Chancellor. But he added that £400 million over five years was not going to meet the needs of Wales.

The Chancellor should grasp the urgent need to invest in the UK economy

– Finance Secretary Mark Drakeford AM

Mr Drakeford said the money announced today wouldn't make upo to the 33% cut in the Welsh Government's capital budget since 2010. It's currently £1.5 billion a year.

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