Stories

Tue, 27 Oct 2026

Tue, 27 Oct 2026 Plaid demands more cash, but how could the Budget affect Wales?

Welsh Finance Minister Elin Jones has called for a spending plan that "finally treats us fairly".

* The UK Chancellor, Rishi Sunak, will announce a Budget on Wednesday that aims to provide "breathing space" for households and businesses.
* The Welsh government is asking the UK government to exempt payments under the Cynnal scheme (a trial scheme to help address child poverty) from tax and benefits calculations.
* The state pension is expected to increase by £488 a year in April due to the triple lock guarantee, with the full flat rate expected to top £13,000 a year.
* Pensioners who rely entirely on the state pension will be shielded from paying income tax.
* There are reports that young people not in education, work or training may see big changes to their support.
* Reform UK Senedd member Cai Parry Jones has called for an M4 relief road, scrapping of family farm tax, and raising of tax-free personal allowance to £15,000.
* Welsh Conservative Senedd leader Darren Millar is calling for the UK government to make money available for major road projects, including an M4 relief road, and more defence spending in Wales.
* The Liberal Democrats are calling for a 10p cut in fuel duty, a guarantee to bring down energy bills, and a temporary VAT cut for hospitality.