Tuesday, 15 March 2011

£105 million boost for Capital Spend in Wales in 2011-12

Despite the massive cuts in public spending announced by the Con Dem government in London, the Welsh Government announces excellent news for the people of Wales with substantial increase in capital spending:
Ministers have announced an extra £105 million for capital investment in Wales in 2011-12 as part of a £1.3bn capital spending plan.
This vital additional investment – together with an extra £8.32 million in 2012-13 and £8.07 million in 2013-14 – was announced today by the First Minister, Deputy First Minister and Minister for Business and Budget. It represents a major boost to vital infrastructure investment and the construction industry in Wales.

As a result of the UK Government’s Spending Review, the Welsh capital budget has been cut by over 40% in real terms over the next four years. The extra funding announced today will help cushion the impact of that cut, giving the go-ahead for transport, schools, health and other projects that would otherwise not have happened.

Do we need say more except that the One Wales Government continues to deliver for the people of Wales.

3 comments:

Anonymous said...

Plaid taking credit for the UK government giving Wales a good deal once again.

Plaid Gwersyllt said...

Read the press release; 40% reduction in capital funding from Westminster! Of course we take some credit, we are part of the One Wales Government, not some Con Dems sitting on the sidelines whingeing!

Anonymous said...

I see the Tories are back again - must have got bored of licking their wounds after the referendum vote. Can't they keep themselves busy by supporting Marek's campaign? He's having to do it all on his own.