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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Welsh Councils offered cheaper borrowing

Local authorities here in Wales will be able to borrow money for building projects at cheaper rates. According to the Wales Office, councils will be given access to £150m of 'project rate borrowing' over the next two years 'to support priority infrastructure projects in Wales.'

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