What Rachel Reeves' Budget means for the people of Wales
Western Mail
|November 27, 2025
Ruth Mosalski examines the key announcements in yesterday's budget that will impact people in Wales
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THE Welsh Government will get £505m extra from the UK Government, it has been announced in the Budget.
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.
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