Stephen Kinnock

Stephen Kinnock

Labour — Aberafan Maesteg

Speaking in the House of Commons on 4 November 2026

Debate

Budget 2026

Contribution

I genuinely do not know where Plaid Cymru is getting these numbers from. This Budget provides the Welsh Government with an additional £450 million for public services, meaning that the Welsh Government settlement continues to grow in real terms over the spending review period. In addition, the UK Government are providing a £6.5 billion increase in Welsh Government spending power as a result of changes to the fiscal framework, additional funding through the Barnett formula and the largest settlement in the history of devolution. This generational increase in 2025 was the largest settlement for Wales since devolution began in the late 1990s.

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