🚨 Big news from Wales! The Welsh Government has successfully passed its £27.5 billion budget for 2026/27 after striking a deal with Plaid Cymru. Despite being the largest party, Labour needed this crucial agreement to gain the support required for approval.
🔑 Key Highlights:
– A collaborative spirit saw Plaid Cymru abstain, facilitating the budget’s passage.
– £116 million is designated to support businesses over two years, cushioning them against changes to business rates.
– Local government is set to receive an extra £112.8 million, while health and social care see a £180 million boost.
Finance Secretary Mark Drakeford emphasised that the budget provides “security and stability” for public services, thanking Plaid Cymru for their constructive negotiations. Heledd Fychan from Plaid Cymru noted this isn’t an endorsement but a step towards avoiding a potential crisis for public services.
However, not everyone is pleased. Conservative MS Sam Rowlands criticised the budget for ignoring economic concerns, suggesting Labour and Plaid Cymru don’t fully grasp business needs.
✅ The budget cleared the vote with 25 supporting, 13 opposing, and 14 abstaining. What are your thoughts on the new budget? Is it a win for Wales or does more need to be done? Drop your comments below! 💬👇