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Wales 'nearly £1bn a year better off because of deal negotiated by Mark Drakeford'

Summary by Nation.Cymru
Mark Drakeford MS Cabinet Secretary for Finance and Welsh Language Martin Shipton A financial deal negotiated in 2016 between Mark Drakeford and Conservative UK Treasury Minister David Gauke will deliver almost £1bn in additional funding for Wales next year, according to a major report published today. But the current devolution settlement has, says the report, so far failed to enable the hoped-for improvement in accountability and empowerment. …
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Nation.Cymru broke the news in Wales, United Kingdom on Thursday, November 6, 2025.
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