The chancellor’s Budget, announced on Wednesday, will see an extra £505m for the Welsh government over the next four years, an end to the two-child benefit cap and significant tax rises in years to come.
Welsh ministers will be able to borrow more money to fund services as part of Rachel Reeves’ tax and spending package, which will also see the rates that people start paying income tax frozen until April 2031.
It comes as ministers in Cardiff are looking for a deal with opposition party members to agree the Welsh government’s spending plans for next year.
Wales Westminster correspondent Emilia Belli breaks down how Wales will be impacted by the Budget.
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