Autumn Statement 2016
The UK Government has set out its first set of spending plans since the decision to leave the European Union.
Chancellor Philip Hammond has said Wales will receive an extra £400m to spend on capital projects.
The UK Government has set out its first set of spending plans since the decision to leave the European Union.
Chancellor Philip Hammond has said Wales will receive an extra £400m to spend on capital projects.
Chancellor Phillip Hammond says Wales will get £400 million as a consequence of the spending on roads and other infrastructure that he's announced for England.
The Chancellor said high value infrastructure investment will improve Britain's productivity and so he could justify the "short term borrowing" to pay for it.
Philip Hammond says £400 million for Welsh Government because of spending pledges in England.
As expected over £1 billion for roads in England. Welsh Government will get a share but doesn't have to spend on Welsh roads.
The First Minister has criticised Wednesday's Autumn statement blaming what he calls "failed austerity".
Mark Drakeford says he'll decide soon which infrastructure projects will take priority for funding, as Wales reacts to the Autumn Statement.
The Welsh Government’s budget will increase by more than £400m, giving it even greater spending power.