Welsh Government announces cap on rail fares
The Welsh Government has today announced that regulated rail fares in Wales will not rise above the rate of inflation until at least October 2018.
- Cabinet Secretary in Brussels for agriculture and environment talks
- Universal child health programme launched
- Welsh Government announces cap on rail fares
Section highlightLand Transaction Tax
Land Transaction Tax will replace UK Stamp Duty Land Tax in Wales.
Final Budget 2016-17 »
The amount of funding allocated to Welsh Government Main Expenditure Groups (MEGs) for 2016-17 is £15bn.Learn more »
- Statistics & Research
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The information on new house building is based on the reports of local authority building inspectors and the National House Building Council (NHBC), which is a private approved inspector. It does not include information from other private approved inspectors.
- The number of new dwellings started fell by 4 per cent during 2015-16 following a sustained increase over the previous three years.
- This decrease in starts has continued into the first quarter of 2016-17. During April to June 2016, a total of 1,357 new dwellings were started, which is down by a quarter (25 per cent) on the previous year.
- The number of new dwellings completed has been increasing annually since 2013-14 with numbers during 2015-16 up by 10 per cent on the previous year.
- During April to June 2016, there were 1,631 new dwellings completed. Whilst this represents a decrease of 7 per cent on the same quarter of 2015-16, the number of completions was 3 per cent higher than in the same quarter of 2014-15, and 11 per cent higher than in the same quarter of 2013-14.
- The private sector continued to account for the majority of new house building activity, at 82 per cent of all new dwellings completed during April to June 2016.
- The number of private sector completions decreased by 9 per cent during April to June 2016, compared with the previous year, to 1,342 dwellings. Registered Social Landlord (RSL) completions during April to June 2016 however, were up by 6 per cent on the same quarter of 2015-16. The 289 new dwellings completed by RSLs during the quarter accounted for 18 per cent of all completions, compared with 16 per cent a year earlier. There were no local authority dwellings completed during the quarter.
- The highest percentage of new dwellings completed in Wales continued to be 3 bedroom properties. During April to June 2016, they accounted for 35 per cent of all completions.
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