£10,000 tax threshold is 'historic achievement' - Welsh Lib Dems

Welsh Liberal Democrat leader Kirsty Williams has welcomed the Chancellor's decision to raise the point at which people start paying tax to £10,000 from next year. She said:

The Welsh Liberal Democrats have today accomplished our number one manifesto pledge by raising the tax threshold all the way to £10,000. We are ensuring that 130,000 of the lowest paid workers in Wales will be lifted completely out of the income tax system while over a million people will receive a £700 tax cut. This is an historic achievement and one that will greatly help hard working families in Wales.

– Kirsty Williams AM, Welsh Liberal Democrat leader

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Small rise in Welsh budget

The Welsh Government will get an extra £104m over the next two years from the Budget, according to the Wales Office. A planned fuel duty rise has been scrapped, and there will be help for people struggling to find mortgage deposits.