Borrowing powers news delayed

An announcement on the prospect of the Welsh Government gaining borrowing powers won't be made this week as had previously been expected.

Welsh Secretary David Jones had previously said that the UK Government's response to the Silk Commission would be made in the spring which he said was defined as ending on June 21st. The Wales Office say there won't be an announcement before June 21st. David Jones says,

We have made good, positive progress in our assessment of the Silk Commission's recommendations. We expect to make an announcement in the very near future.?

– David Jones MP, Secretary of State for Wales

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Future Welsh income tax?

The Silk Commission - set up to consider the case for increasing the powers of the Welsh Assembly - has recommended the Welsh government should have the power to vary income tax by 2020.