Figures from this side - and that
- 20 March 2013
- From the section Wales politics
Some headline figures on how today's Budget will affect Wales:
Over the next two years the Welsh Government will get an extra £161m to spend on big capital projects, or "capital spending power" as it's described.
But what's the effect of those cuts we heard about yesterday? Those mean £59m will be taken away from their revenue, or day to day spending.
You can add £2m to revenue spending as a result of other changes in Whitehall - a net loss of £57m.
All in all? that gives you the £104m overall gain tweeted by Wales Office Minister Stephen Crabb.
Kirsty Williams - or "Mystic Meg" as one of her team reckons she ought to be known - has got her wish on increasing the personal tax allowance to £10,000. I wonder whether Mystic Meg can provide some confirmation from the other side that we're not headed for triple dip?
In Welsh Government circles press releases are out, tweeting is in.
#Budget2013 is "disappointing" and "falls far short of what we called for and urgently require". What Carwyn Jones wanted, remember, was an extra £400m next year to spend on infrastructure, on creating jobs and kick-starting the economy. What he's got, on balance, is £104m over two years.
Welsh Conservatives welcome a "Budget targeted at growth that helps and supports communities across Wales. From fuel duty to income tax, from childcare to capital spending; this is extremely welcome news that provides a stark contrast to Welsh Labour's tired policies and casino economics".
At the Wales Office they're point out that some Whitehall departments have had far worse news today - and their man in Hanoi, Welsh Secretary David Jones suggests that "what this Budget shows is that this Government is determined to pave the way for a sustainable economic recovery. We are creating the conditions to help businesses in Wales to start, grow and develop, to help individuals care for their families and to support everyone's aspirations for a more prosperous Wales."
Plaid condemn a "bland budget", claim the Chancellor's move to spend more on infrastructure is "a political admission of failure" and - at the same time - nowhere near enough to achieve its aim of triggering growth.
They also point out that the £10,000 tax threshold is a policy Plaid Cymru "has long supported." Move over Mystic Meg.