Welsh Government: Borrowing
Lords · Question HL2983 · Tabled 1 Sep 2026 · Wales Office · Official record
Answered 9 Sep 2026
Question
Asked by Lord Wigley
To ask His Majesty's Government what response they have given, or propose to give, to the Welsh Government’s request for its borrowing powers to be made equivalent to those available to the Scottish Government.
Answer
Answered by Lord Katz, 9 Sep 2026
Spending Review 2025 provided the Welsh Government with its largest real-terms Spending Review settlement since devolution, with nearly £6.5 billion of additional spending power over the Spending Review period. At Autumn Budget 2025, the Government announ...