What Rachel Reeves' Budget means for people in Wales...

THE Welsh Government will get £505m extra from the UK Government, it has been announced in the Budget.

- RUTH MOSALSKI

Harbourside, Port Talbot NEATH PORT TALBOT COUNCIL

While there were some announcements that directly impact Wales, decisions which only impact Wales result in a consequential payment.

Chancellor Rachel Reeves has said that will equal £505m for Wales, made up of £320m resource funding and £185m capital funding through the operation of the Barnett formula.

The UK Government says the Welsh Government continues to receive at least 20% more per person than equivalent government spending in the rest of the UK.

The Chancellor’s Budget announced a host of tax changes which will all impact people here in Wales.