Written Question·Treasury·UIN 95769
Welsh Government: Borrowing
Tabled: 1 December 2025
Answered: 9 December 2025
Question
David Chadwick
Liberal Democrat — Brecon, Radnor and Cwm Tawe
To ask the Chancellor of the Exchequer, if she will publish the Treasury’s analysis of how far the uplifts to Welsh Government borrowing and reserve limits restore the real-terms value of those limits since they were set a decade ago.
Answer
James MurrayAs announced at Autumn Budget 2025 there will be a 10% increase to annual and cumulative capital borrowing limits and the Wales Reserve overall and annual drawdown limits in 2026-27 which will increase the real value of the Welsh Government’s budget manag...
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