Energy Wales Statement »The energy system in Wales is on the threshold of great change driven by new energy, technology and low carbon energy transition objectives.Learn more »
£7.6m funding boost for children and young people’s mental health services in Wales
The Welsh Government will invest an extra £7.6m every year in mental health services for children and young people in Wales.
- Welsh coast helping to boost tourism
- Love your library, cherish your church, partial to your pub? Consultation to protect community facilities launched
- £7.6m funding boost for children and young people’s mental health services in Wales
Section highlightHistoric Environment (Wales) BillThe Bill will support the positive management of change in the Welsh historic environment.
Legislative programme 2014 - 2015 »
Bills that the Welsh Government will bring forward in 2014/2015.Learn more »
Section highlightTaxes in Wales
The devolution of some taxes to Wales from April 2018 provides us with the opportunity to reshape those taxes to better meet our circumstances and priorities.
Final Budget 2015-16 »
The amount of funding allocated to Welsh Government Departments for 2015-16 is £15·3bn.Learn more »
- Statistics & Research
Upcoming calendar »
See the schedule for all statistics and research releases.View upcoming calendar »
Funding from the UK Government
The Barnett formula is a non-statutory mechanism used by UK central government to apportion public expenditure changes to Wales, Scotland and Northern Ireland. It is based on population, not need.
The formula determines the change to the inherited level of spending for each of the devolved administrations in Wales, Scotland and Northern Ireland.
If new money is announced by the UK Government then Wales will receive a consequential proportion of that new money under the Barnett formula. It is for the Welsh Government to decide on use of that money.
This means that budget announcements by the UK Chancellor of the Exchequer about additional resources for education may or may not apply to Wales depending on whether they involve new money for which Wales receives a consequential. If there is a consequential, it will still be for the Welsh Government to decide how it spends that money.