Written Question·Treasury·UIN 95341

Welsh Government: Borrowing

Tabled: 27 November 2025

Answered: 2 December 2025

Named Day

Question

Ben Lake

To ask the Chancellor of the Exchequer, will the 10% increase in the size of the Welsh Government's (a) annual capital borrowing limit (b) cumulative capital borrowing (c) overall limit on the size of the Wales Reserve, (d) annual limit for drawing down f

Answer

James Murray

The updates to the Welsh Government’s Fiscal Framework announced at Autumn Budget 2025 increase the real value of the Welsh Government’s budget management tools. The annual uprating of the limits from 2027-28 will maintain the real value of the Welsh Gove...

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