Part of 1. Questions to the First Minister – in the Senedd at 2:18 pm on 22 November 2022.
I am not going to make any spending commitments today. You will have heard me say several times this afternoon that these will be decisions led by the Minister for Finance and Local Government, but taken across the whole of Government as we work towards publishing our draft budget next month.
I don't think I've been uncharitable at all. I think I've been very clear. I think what Delyth Jewell said before about being transparent is very important. I've just said how it is, and that is, our overall settlement over the three-year spending review period is worth less in real terms than it was at the time of the spending review last year. Now, that's a fact. You can say 'here we go'—that is a fact. We will receive, as you say, an additional £1.2 billion over the next two years—not this year, the next two years. But our overall budget in 2024-25 will be no higher—no higher—in real terms than in the current year, and our capital budget will be 8.1 per cent lower. Inflation, which is 11.1 per cent, has eroded our budget to very worrying levels, and of course that then has an impact on local authorities and it has an impact on our NHS. They're reporting significant shortfalls as a result of inflation, pay pressures, and, of course, the rising energy costs, and I'm afraid that the Chancellor's statement last week failed to address any of that.
Now, I'm sure that your constituents will have heard your praise for the UK Government, and they can form their own opinion.