The Welsh Government's finance minister Jane Hutt says she's disappointed by the Budget. Her main request for more money for 'shovel-ready' construction projects was not granted. And the minister says the prospect of another £10 billion of Welfare cuts across the UK is 'horrific'.
“This is a disappointing Budget which will not support economic growth in Wales. What we wanted was a Budget for jobs and growth, with significantly increased or at least, brought forward, capital expenditure. he Chancellor did neither.
“The lack of action on fuel duty will impact on all Welsh citizens and particularly hit hard our rural areas. The prospects of a further £10 billion of cuts to the welfare budget in the next Spending Review are horrific. I want to reassure people that I will continue to do my very best to mitigate the worst impacts and protect the most vulnerable.
I welcome the announcement of Enhanced Capital Allowances in our Deeside Enterprise Zone and the additional funding for ultra-fast broadband in Cardiff. It is also welcome news that the UK Government will work with the Welsh Government to consider the electrification of the Cardiff Valley rail lines and will increase support for the armed forces”.
“The Welsh Government does not support the Chancellor’s plans to pay Welsh workers less than workers in other parts of the UK and we would encourage the UK Government to close the gap in income between different parts of the UK, not make it worse".
'Disappointing' or 'fair and supportive' - Welsh political verdicts on George Osborne's budget.
From fuel to smoking, what the Budget will mean for the money in your pocket.
Plans for a rise in fuel tax will go ahead and regional pay rates will be introduced sooner for public sector workers.