1-16 of 16 results for subject:Finance
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To ask His Majesty's Government what is the estimated cost of maintaining the Wales Office in the 2024–25 and 2025–26 financial years.
To ask His Majesty's Government what is the estimated cost of maintaining the Wales Office in the 2024–25 and 2025–26 financial years.
The estimated cost of maintaining the Wales Offices in London and Cardiff are £622k in 2024-25 and £769k in 2025-26.
To ask His Majesty's Government what representations they have received from the Welsh Government concerning the maximisation of financial and economic benefit for Wales from the activities of the Crown Estate in Wales.
To ask His Majesty's Government what representations they have received from the Welsh Government concerning the maximisation of financial and economic benefit for Wales from the activities of the Crown Estate in Wales.
The UK Government has regular discussions with the Welsh Government on a range of issues, including our shared ambition for floating offshore wind development in the Celtic Sea, and the role of the Crown Estate therein.
The Crown Estate has played a significant role in attracting international investment into Wales to support the UK's net zero target and will continue to do so, particularly through leasing rounds for floating offshore wind in the Celtic Sea. The Crown Estate is key to the £1.4 billion investment and over 5,000 jobs that this government wants to enable from floating offshore wind projects in the Celtic Sea.
The Crown Estate works closely with the Welsh Government and Natural Resources Wales in support of shared priorities, ensuring that these resources are sustainably managed for the long term.
The UK Government’s focus is on taking maximum advantage of this opportunity for Wales. I was therefore pleased that the Secretary of State for Wales worked with Lords Livermore and Hain to agree an amendment to The Crown Estate Bill in the House of Lords that will appoint a Commissioner with special responsibility for Wales. This will ensure the interests of Wales are fully reflected in The Crown Estate’s work.
To ask His Majesty's Government what steps they have taken in co-operation with the Welsh Government to ensure the availability of funding for the safeguarding of coal-tips in Wales.
To ask His Majesty's Government what steps they have taken in co-operation with the Welsh Government to ensure the availability of funding for the safeguarding of coal-tips in Wales.
At the Budget, the UK Government allocated £25 million of funding in 2025/6 for essential work being undertaken by the Welsh Government to keep disused coal tips maintained and safe.
This is a clear demonstration of how the Government is committed to resetting the relationship with the Welsh Government based on trust and mutual respect.
As well as this, the Mining Remediation Authority continues to provide coal tip expert advice and undertake inspections on behalf of the Welsh Government on a cost recovery basis.
To ask Her Majesty's Government what representations, if any, they have received from the Welsh Government requesting financial assistance to make safe coal-tips that existed prior to 1999.
To ask Her Majesty's Government what representations, if any, they have received from the Welsh Government requesting financial assistance to make safe coal-tips that existed prior to 1999.
The Secretary of State for Wales has regular discussions with colleagues in the Welsh Government on a wide range of subjects, including the request for additional financial assistance to make coal tips safe.
The Secretary of State for Wales met with the Welsh Government Minister for Finance and Local Government on 20 October 2021, where they discussed this matter, among others. The matter was also discussed at the recent Coal Tip Safety Summit which was co-chaired by the Secretary of State for Wales and the First Minister. The Secretary of State reiterated that the management of coal tips in Wales is a devolved matter and therefore not a matter the UK Government would expect to provide additional funding for. Nevertheless, as a testament to our commitment, we provided £31 million to the Welsh Government to ensure that vital work to help with the unforeseen consequences of Storm Dennis could be delivered.
The Welsh Government is more than adequately funded to manage the costs of its devolved responsibilities. The UK Government has provided the Welsh Government with an additional £2.5 billion a year over the SR21 period through the Barnett formula. This spending review settlement provides Welsh Government with around £120 per person for every £100 of equivalent funding in England, which is over 20% higher than equivalent funding in England. This is around £1 billion per year more than the agreed level of fair funding set out in the Welsh Government's fiscal framework. Therefore, the Welsh Government can pay for coal tip maintenance and still have more than fair funding for their other devolved responsibilities.
To ask Her Majesty's Government what funding they will provide to the Welsh Government to replace the (1) European Regional Fund, (2) European Structural and Investment Fund, and (3) European Social Fund, for (a) 2022–23, (b) 2023–24, and (c) 2024–25.
To ask Her Majesty's Government what funding they will provide to the Welsh Government to replace the (1) European Regional Fund, (2) European Structural and Investment Fund, and (3) European Social Fund, for (a) 2022–23, (b) 2023–24, and (c) 2024–25.
The UK Shared Prosperity Fund (UKSPF) will replace the European Regional Development Fund and the European Social Fund. It will ramp up to £1.5 billion a year in 2024-25 as EU Structural Funds tail off and total funding will at a minimum match the size of EU Funds in all nations, each year. UKSPF funding in the next Spending Review period will total over £2.6 billion.
The UKSPF is key to levelling up the whole of the UK. It will help people access opportunity in places in need, such as former-industrial areas, deprived towns, rural and coastal communities and for people in disadvantaged groups across the UK. Further details about the Fund will be set out later this year.
In addition to the UKSPF, Wales will also receive £121 million from the first round of the Levelling Up Fund, £46 million from the UK Community Renewal Fund and £464,000 from the Community Ownership Fund. We are also providing the Welsh Government with an additional £2.5 billion per year on average through the Barnett formula, on top of its annual baseline funding of £15.9 billion. These are the largest annual block grants of any spending review settlement since devolution began.
To ask the Secretary of State for Wales, what additional resources are being made available to the National Assembly for Wales to help agricultural and tourist-related businesses to survive the financial effects of the consequences of foot and mouth disease.
To ask the Secretary of State for Wales, what additional resources are being made available to the National Assembly for Wales to help agricultural and tourist-related businesses to survive the financial effects of the consequences of foot and mouth disease.
To ask the Secretary of State for Wales, if the strategy funds for regional development agencies, announced in the Pre-Budget Statement, also apply to the Welsh Development Agency.
To ask the Secretary of State for Wales, if the strategy funds for regional development agencies, announced in the Pre-Budget Statement, also apply to the Welsh Development Agency.
To ask the Secretary of State for Wales, pursuant to his reply of 27th January 2000, c827W, on departmental budgets, how much of the increase in the total budget for his Department and the National Assembly between the expected outturn for 1999-2000 and the budget for 2000-01 is for the...
To ask the Secretary of State for Wales, pursuant to his reply of 27th January 2000, c827W, on departmental budgets, how much of the increase in the total budget for his Department and the National Assembly between the expected outturn for 1999-2000 and the budget for 2000-01 is for the...
To ask the Secretary of State for Wales, what discussions he has had with the European Commission over the eligibility of private or voluntary sector finance to contribute to the member state's match-funding for European Objective I projects; and if he will make a statement.
To ask the Secretary of State for Wales, what discussions he has had with the European Commission over the eligibility of private or voluntary sector finance to contribute to the member state's match-funding for European Objective I projects; and if he will make a statement.
To ask the Secretary of State for Wales, what has been the impact on the National Assembly for Wales during the financial year 2000-01 arising from the designation of West Wales and the Valleys as an Objective I area.
To ask the Secretary of State for Wales, what has been the impact on the National Assembly for Wales during the financial year 2000-01 arising from the designation of West Wales and the Valleys as an Objective I area.
To ask the Secretary of State for Wales, what assessment he has made of the need for additional resources for the Welsh Assembly to implement the first part of their recent strategic plan, with particular reference to the 30 target objectives; and what representations he has received on this matter.
To ask the Secretary of State for Wales, what assessment he has made of the need for additional resources for the Welsh Assembly to implement the first part of their recent strategic plan, with particular reference to the 30 target objectives; and what representations he has received on this matter.
To ask the Secretary of State for Wales, what is the budget for his Department, including the budget for the National Assembly, in the financial years 2000-01 and 2001-02; and what was the outturn spending in (a) 1998-99 and (b) 1999-2000. - Inc figures.
To ask the Secretary of State for Wales, what is the budget for his Department, including the budget for the National Assembly, in the financial years 2000-01 and 2001-02; and what was the outturn spending in (a) 1998-99 and (b) 1999-2000. - Inc figures.
To ask the Secretary of State for Wales, What representations he has received from the First Secretary of the National Assembly with regard to providing match funding for European structural funds for Wales. (Failed OPQ)
To ask the Secretary of State for Wales, What representations he has received from the First Secretary of the National Assembly with regard to providing match funding for European structural funds for Wales. (Failed OPQ)