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| Autumn Statement: £100m more for Welsh government over two years | Autumn Statement: £100m more for Welsh government over two years |
| (35 minutes later) | |
| Welsh ministers are to receive around £100m extra over the next two years as a result of plans unveiled in the chancellor's Autumn Statement. | Welsh ministers are to receive around £100m extra over the next two years as a result of plans unveiled in the chancellor's Autumn Statement. |
| The cash is despite Whitehall departments facing further cuts of £1bn a year over three years. | The cash is despite Whitehall departments facing further cuts of £1bn a year over three years. |
| The modest rise in the Welsh government budget is because English school and health spending have been protected. | The modest rise in the Welsh government budget is because English school and health spending have been protected. |
| The figures announced by the Treasury are in cash terms and make no allowance for annual rates of inflation. | The figures announced by the Treasury are in cash terms and make no allowance for annual rates of inflation. |
| During his 50-minute speech to MPs, George Osborne confirmed UK ministers were entering a "cooperation agreement" with Hitachi and Horizon, to agree an "in-principle guarantee" by the end of 2016 to support the financing of a new nuclear power plant at Wylfa on Anglesey. | |
| Plans to increase the pension age and confirmation that overall welfare spending is to be capped were among other key announcements likely to have a big impact in Wales, with its ageing population and large number of benefit recipients. | |
| The state pension age is to increase to 68 in the mid-2030s and 69 in the late 2040s. | |
| Next April, payments to current pensioners will rise by £2.95 a week. |