Funding deal announced

The UK and Welsh Governments say they've reached a deal to stop further cuts in Wales' share of public spending. They've also agreed in principle that the Welsh Government should have borrowing powers.

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Working together benefits Wales say Welsh Tories

Welsh Conservatives say today's funding deal between the Welsh and UK governments contrasts with when Labour were in power at Westminster.

Today’s announcement is a positive step forward for Wales. While it is clear there is much more work to do, this puts Welsh funding on the right track. It provides the reassurance we have sought and goes much further than anything Labour did in 13 years in power. The detail here shows what can be done when the UK and Welsh Governments work together. It is crucial that this continues for the benefit of Wales.

– Welsh Conservative Finance Spokesperson Paul Davies AM

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