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PRIVACY
Economic Development

º£½ÇÊÓÆµ Government provided £8.6bn in support to Welsh Government since pandemic

(Image: Media Wales)

The Welsh Government has received an additional £8.6bn in funding from º£½ÇÊÓÆµ Government since the start of the pandemic.

The annual publication of the Block Grant Transparency also shows the Scottish Government has received an additional £14.5bn and the Northern Ireland Executive £5bn.

The funding from the Treasury through the Barnett Formula, which Welsh taxpayers contribute directly to through taxation as well as towards the financing of º£½ÇÊÓÆµ Government debt, has enabled the Welsh Government to provide support to individuals, businesses and public services across Wales.

Secretary of State for Wales, Simon Hart MP said: “The º£½ÇÊÓÆµ Government has supported Wales throughout the pandemic, not only by securing an additional £8.6bn block grant for the Welsh Government so it could fund its response, but also by providing unprecedented º£½ÇÊÓÆµ-wide funding to ensure individuals and businesses across the country were supported throughout.

“This support, which also included supplying vaccines to Wales, remains essential as we continue to build back better.

“We provided the necessary support through the pandemic, and now we will lead the recovery as we build our way out of it.”


Chief Secretary to the Treasury, Steve Barclay said: “Throughout the pandemic the º£½ÇÊÓÆµ government has always ensured Wales is getting the right support – with £8.6bn of additional spending.

“Over the past year we’ve protected millions of jobs and businesses in Wales with furlough and support schemes, our vaccine rollout is unlocking the economy, and our Plan for Jobs is levelling up opportunity and helping us build back better across the º£½ÇÊÓÆµ.”