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.

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Borrowing powers delay slammed

Shadow Welsh Secretary Owen Smith has criticised a delay in the UK Government's response to a call for the Welsh Government to be given the power to borrow money. He says it means 'the gaping hole in Wales' capital budget still isn't being addressed.'

It is hard to know if this is simply incompetence or whether our Secretary of State’s antipathy toward devolution is blocking the borrowing powers. Either way, it is Wales and the Welsh people that are losing out as David Jones continues to deny the Welsh Government the tools they need to kick-start the Welsh economy that is being failed by the Tory-led coalition.

– Owen Smith MP, Shadow Welsh Secretary

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