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| Version 2 | Version 3 |
|---|---|
| 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. | 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. | 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. | 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. | Next April, payments to current pensioners will rise by £2.95 a week. |
| Welsh Conservative leader Andrew RT Davies said the statement showed UK ministers' "committed focus" on economic growth and "community support". | |
| "From fuel duty to tax breaks, from infrastructure to small businesses - this statement will have huge benefits for communities the length and breadth of Wales. | "From fuel duty to tax breaks, from infrastructure to small businesses - this statement will have huge benefits for communities the length and breadth of Wales. |
| "This is in stark contrast to Welsh Labour's tired policies and casino economics." | "This is in stark contrast to Welsh Labour's tired policies and casino economics." |
| Welsh Liberal Democrat leader Kirsty Williams said plans to abolish employer National Insurance contributions (NICs) for under 21s from 2015 would help cut youth unemployment in Wales. | |
| "This will make it over £500 a year cheaper to employ an under 21 year old earning £12,000," she said. | |
| "Our economy is growing because of the hard work of people and businesses throughout the country -the measures outlined in the Autumn Statement will further help small businesses across Wales." | |
| "Struggling" | "Struggling" |
| But Plaid Cymru warned Mr Osborne's continued austerity programme would damage economic prospects. | But Plaid Cymru warned Mr Osborne's continued austerity programme would damage economic prospects. |
| Party treasury spokesperson Jonathan Edwards said: "Despite some positive projections, we are concerned that this growth may not be sustainable in the long term, due to huge cuts to vital public services and investment still to come, and rising levels of personal debt. | Party treasury spokesperson Jonathan Edwards said: "Despite some positive projections, we are concerned that this growth may not be sustainable in the long term, due to huge cuts to vital public services and investment still to come, and rising levels of personal debt. |
| "Many ordinary families, especially in Wales, are largely untouched by this slow recovery and still struggling with daily living costs such as food and fuel whilst their wages fall." | "Many ordinary families, especially in Wales, are largely untouched by this slow recovery and still struggling with daily living costs such as food and fuel whilst their wages fall." |