This is the second budget which delivers significant cuts to key services. Against this background of cuts we believe that the Welsh Government should be doing more to invest in the Welsh economy by using innovative schemes such as Build4Wales to invest in schools, roads and hospitals. We also want to see the Welsh Government doing more to target youth unemployment, which has increased dramatically over recent years. We don’t want another lost generation as happened in the 1980s under Thatcher.**
The Welsh Government has outlined how it plans to spend more than £15 billion next year
The Finance Minister, Jane Hutt, unveils her draft Budget at 3pm but weeks of talks lie ahead to get a Senedd majority for her plans.