Labour remains suspicious about the UK Government's Wales Bill which is being debated for the first time by members of the House of Lords. But the party's frontbencher in the Lords, Baroness Morgan, says the borrowing powers the bill would give to the Welsh Government are significant.
Peers are to debate plans to give the Welsh Government more powers, including the ability to borrow money and some control over taxes. They're discussing the UK Government's Wales Bill which would introduce the changes.
Plaid Cymru's Dafydd Wigley says that, despite its flaws, the bill is a step forward.
The National Assembly should be able to hold referenda on major issues that are legally binding, according to Plaid Cymru. It'll try to alter the Wales Bill to include the move when in its final Commons stage today.
Plaid MP Hywel Williams says 'it would make government better and more legitimate' by leaving it to 'the people of Wales' to decide which powers should be transferred to the Assembly and when.
Labour wants to alter the UK Government's Wales Bill to make it clear which powers have been devolved to Cardiff and which remain the responsibility of Westminster. MPs have their last chance to amend the bill when it reaches its final stages in the Commons today.
Shadow Wales Minister, Nia Griffith, says Labour's amendment would force the UK Government to make the division clear to avoid disputes and costly legal battles.
MPs will get their final chance later to try to alter UK Government plans to change the powers of the Assembly and Welsh Government when the Wales Bill completes its journey through the House of Commons.
The Bill's main aim is to give the Welsh Government the power to borrow money and responsibility for some taxes. You can read more about the proposals by clicking here. Today's debate is the bill's final stage in the Commons before it moves to the Lords.
The Welsh Secretary has called it 'a major milestone in devolution.' But opponents say it doesn't go far enough and there's been widespread criticism of the form of income tax devolution which is being proposed for Wales.
MPs will make last-ditch attempts to change the UK Government's Wales Bill when it reaches its final stages in the Commons later. Plaid Cymru MP Jonathan Edwards says his amendment would give the Welsh Government power to underwrite major infrastructure projects.
Plaid Cymru is urging other parties to support its bid to rename the Assembly as 'the National Parliament of Wales.'
Plaid has tabled an amendment to the Wales Bill, which is being debated by MPs and which would introduce financial powers and other changes.
Plaid Cymru's Parliamentary Leader Elfyn Llwyd, who is behind the amendment, describes the proposal as 'common sense.'
Welsh Liberal Democrat leader, Kirsty Williams, has welcomed the introduction of the Wales Bill which would transfer tax and borrowing powers to the Welsh Government for the first time since devolution.
Finance Minister Jane Hutt says business rates will be fully devolved to Wales from April next year with Stamp Duty and Landfill Tax following by 2018. Welcoming the UK Government's Wales Bill she said the two governments had agreed an 'ambitious' timetable for tax devolution.
Plaid Cymru will try to change the UK Government's plans to give Welsh Ministers some control over income tax. The Wales Bill, introduced into Parliament today, would give the Welsh Government power to vary income tax after a referendum, but only if all three rates are changed simultaneously.
This is what's known as 'lockstep' and it's been criticised by politicians in all parties. Plaid MP Hywel Williams says the party will table amendments which could give a future Welsh Government more flexibility to vary individual rates and also to devolve Air Passenger Duty. Hywel Williams said:
He went on to challenge Labour MPs to support Plaid's amendments: