Autumn Statement 2013

George Osborne has delivered his latest assessment of the state of the economy in the Autumn Statement, announcing growth forecasts for the coming years are 'significantly up'. A net increase in budget for the Welsh Government has also been promised.

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  1. Adrian Masters

No decision on business rates, school meals in Wales

The Welsh Government hasn't yet decided whether or not to follow moves set out in the Autumn Statement. In England, business rate rises will be capped at 2%, a relief scheme will run for another year and high street firms will get £1,000 discount. Primary school children will get free meals.

There will be extra money for Wales springing from those spending decisions, but it's up to ministers here what happens with business rates and they haven't decided yet if they'll follow George Osborne's example or not. Similarly there's no decision yet on free school meals for Welsh pupils.

Sources within the Welsh Government acknowledge that its budget will increase by £100m as a result of today's announcements. But they say that if ministers decide to match moves on business rates and free school meals, it'll amount to a budget cut.

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