1. Wales

Welsh Govt spending plans

The Welsh Government has outlined £600m of funding for infrastructure projects, which it says will create 11,000 jobs. £62m will be spent on a metro service for South East Wales. The announcement comes after the Draft Budget was published yesterday.

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£174.5m for 'Help to Buy Cymru' scheme

Among the funding announced by the Welsh Government Finance Minister Jane Hutt this morning is £174.5m for a 'Help to Buy Cymru' scheme, to help people to purchase new build homes.

Housing:

  • £174.5m for Help to Buy Cymru - a new shared equity scheme for Wales to help people to purchase new build homes
  • £20m for the Social Housing Grant - to provide smaller properties to support families who have been displaced as a result of reductions in housing benefit

Transport:

  • £40m for dualing of the A465 between Gilwern and Brynmawr
  • £40m for improvements to the M4 Brynglas Tunnels
  • £17m for improvements to the A55 in North Wales

Others:

  • £38m for health facilities - including the final phase of the Noah’s Ark Children’s Hospital for Wales
  • £6m for Flying Start - to ensure a further 3,000 children and their families benefit
  • £70m for ARBED ECO - a scheme to improve the energy efficiency of Welsh homes focusing on those in fuel poverty

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