The UK Government's Economic Policy

Part of 1. Questions to the Minister for Finance and Local Government – in the Senedd at 2:10 pm on 29 June 2022.

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Photo of Rebecca Evans Rebecca Evans Labour 2:10, 29 June 2022

Well, I have to say that the cheque must be still in the post if we’re expecting £18 billion additional to our budget this year, because Wales is actually £1 billion worse off as a result of the UK Government’s approach to replacement EU funding. The Finance Committee has the opportunity to question UK Government Ministers tomorrow and I’m going to be paying even more interest than I normally do to the Finance Committee’s meeting, because I would absolutely love to see the UK Government Ministers trying to defend their decisions in respect of post-EU funding, because I think they are indefensible. The UK Government did promise us that we wouldn’t be a penny worse off as a result of Brexit; we’re £1.2 billion worse off as a result of Brexit and as a result of the particular choices that they made, and I just don’t think there’s any point in trying to hide from that.