The Prime Minister has confirmed that the Welsh Government will be given powers to raise their own income tax - subject to a referendum. Stamp duty on the purchase of homes and other property will definitely be devolved.
There will also be more powers for the Government here to borrow money for major construction projects like the M4 relief road.
Our Political Editor Adrian Masters reports on how we could pay some of our taxes direct to the Welsh Government in the future.
More top news
Any remaining wintry showers will die away through the first part of the night.
Cold and bright with some showers. It will be a cold start to the day, with some icy patches possible.
We look back at some of the stories, people and events that stood out in 2014.