Night time economy framework »The framework aims to help develop a sustainable, healthy and safe night time economy in Wales.Learn more »
Securing Wales’ Future: First Minister Carwyn Jones and leader of Plaid Cymru Leanne Wood set out Wales’ post-referendum plan
The First Minister of Wales Carwyn Jones and leader of Plaid Cymru, Leanne Wood have published a plan for Wales as the UK moves towards negotiations on leaving the European Union.
- Summit brings bus industry together
- New £36m fund to reduce infant class sizes and raise standards announced by Kirsty Williams
Featured Article »£40m available for research and innovation proposals
- Securing Wales’ Future: First Minister Carwyn Jones and leader of Plaid Cymru Leanne Wood set out Wales’ post-referendum plan
Section highlightLandfill Disposals Tax Communities Scheme
The scheme will support local community and environmental projects in areas affected by the disposal of waste to landfill.
Final Budget 2017-18 »
The amount of funding allocated to Welsh Government Main Expenditure Groups (MEGs) for 2017-18 is £15bn.Learn more »
- Statistics & Research
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.