This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/uk-wales-politics-21845735
The article has changed 10 times. There is an RSS feed of changes available.
| Version 3 | Version 4 |
|---|---|
| Budget 2013: Welsh government gets additional £104m | Budget 2013: Welsh government gets additional £104m |
| (35 minutes later) | |
| The Welsh government will get an additional £104m to spend over the next two years as a result of the chancellor's Budget. | The Welsh government will get an additional £104m to spend over the next two years as a result of the chancellor's Budget. |
| Capital spending - which pays for long-term infrastructure and building projects - is being boosted by £161m in Wales. | Capital spending - which pays for long-term infrastructure and building projects - is being boosted by £161m in Wales. |
| However, that will be offset by cuts in day-to-day revenue funding. | However, that will be offset by cuts in day-to-day revenue funding. |
| The Welsh government had called on George Osborne to deliver an economic stimulus by boosting capital spending. | The Welsh government had called on George Osborne to deliver an economic stimulus by boosting capital spending. |
| The personal income tax allowance is rising to £10,000 in April 2014 - a year earlier than planned. | |
| The UK government says a further 12,000 people in Wales will pay no income tax as a result of the higher allowance - the income threshold at which people start paying tax. | |
| Wales is feeling the impact of a squeeze on revenue in Whitehall. | Wales is feeling the impact of a squeeze on revenue in Whitehall. |
| The Welsh government - which has an annual budget of around £15bn - will loose £57m over the next two financial years. | The Welsh government - which has an annual budget of around £15bn - will loose £57m over the next two financial years. |
| However, Wales Office minister Stephen Crabb said that despite a 1% cut to other UK government departments, Wales would only see a 0.2% cut. | However, Wales Office minister Stephen Crabb said that despite a 1% cut to other UK government departments, Wales would only see a 0.2% cut. |
| First Minister Carwyn Jones had called on the chancellor to borrow more to fund capital spending - a call the Conservatives described as "casino economics". | First Minister Carwyn Jones had called on the chancellor to borrow more to fund capital spending - a call the Conservatives described as "casino economics". |
| The Welsh government says that by 2014-15 its capital budget will be 40% lower after allowing for inflation than it was in 2010-11. | The Welsh government says that by 2014-15 its capital budget will be 40% lower after allowing for inflation than it was in 2010-11. |
| However, Mr Crabb said there would be "no lack of money for infrastructure in Wales". | However, Mr Crabb said there would be "no lack of money for infrastructure in Wales". |
| Delivering his fourth Budget to Parliament, Mr Osborne cut his official growth forecast in half, but insisted the UK would avoid a "triple dip" recession. | Delivering his fourth Budget to Parliament, Mr Osborne cut his official growth forecast in half, but insisted the UK would avoid a "triple dip" recession. |
| He said his Budget was for "those who want to work and get on". | He said his Budget was for "those who want to work and get on". |