The WFA team had previously explained that record inflation would wipe out hundreds of millions of pounds from the real-terms value of the Welsh budget
The central premise of a new book from academics at Cardiff University’s Wales Governance Centre formed the backdrop to a Westminster Hall debate by MPs last week
Record-breaking inflation has eroded the real terms value of the Welsh Government’s spending plans to the tune of £800m in 2023-24 and £600m in 2024-25 – despite additional funding from the Autumn Statement - according to a new report from the Wales Fiscal Analysis team
Ahead of the Welsh Government’s Draft Budget for 2023−24, join the WFA team for a discussion of a new briefing report on the outlook for the Welsh Budget and the challenges ahead
