20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
So, with the change from 75 per cent to 40 per cent, how much did that release?
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
You mentioned non-domestic rates there. Obviously, Welsh Government policy is different from what's happening over the border. There's been a little bit of concern by smaller businesses that the relief is going to be less in Wales than it is over the border…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Thanks. I'm going to bring Laura Anne in in just a second. Just looking at the tax policy report that you've published alongside the budget, could you give us a couple of highlights from that, and what would be your main takeaways from that report—what should…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Was that statement or a question, Mike?
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Do you wish you'd borrowed earlier this time, because, obviously, interest rates have shot up?
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Thank you. Just on Laura's point just now, I understand that there have been technical issues this morning, which has meant that this meeting is not being broadcast live on Senedd.tv, as it usually is. The public gallery has been open throughout the meeting…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Are you confident that a different Chancellor might heed those calls?
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Oh, right. Okay, thank you. We'll investigate into that and see what's happening. Okay. Okey-dokes. I believe it's being recorded, though, Laura Anne, so at least it will be available to catch up. That's my understanding, I think. Yes, okay, excellent. Thanks…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Okay, thank you. Laura Anne, I'll bring you in briefly and then we'll probably have to move on. Thank you.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Okay, thank you.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Of course, because we know that the housing grant and that sort of thing helps keep people in their homes, which means that they then don't become homeless, that they don't become sicker or that they don't end up in hospital—it's that vicious circle. So, it's…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Okay. Thank you. And whilst we're talking about this, obviously you're the Minister for local government as well, and social care is a big aspect of working hand in hand with the NHS. By protecting local government to a certain extent—obviously, nowhere near…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
So, after taking out all the efficiencies and the savings that the Minister just talked about, then the MEG will—
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Because, obviously, you're giving £450 million, and then effectively taking away as well. So, it's where does it end up at the end.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
So, what's the price tag on all those reprioritisations, so that we get the net difference, I suppose?
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Lovely. Thank you very much. Whilst we're talking about the NHS, in your statement in October, obviously, £425 million was given to the NHS, and in this budget there's an extra £450 million. You also talked about cuts within departments. Is the £450 million…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
We can certainly ask that question. I think they're giving evidence to us, so we can certainly ask that question of them to see.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Yes, no problem.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Rhianon.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Okay, I'll let Laura Anne come back in and then I know Rhianon wants to come in as well.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
That would be useful, yes, because this committee likes nitty-gritty. [Laughter.] Laura Anne wanted to ask a question. Thank you.
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Okay. And why do you think that the CPI is more reflective rather than the GDP deflator? Is that because—? Because CPI, obviously, is the pricing index of effectively the things that we buy, isn't it, rather than capital projects and those sorts of things…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Have you calculated the £1.3 billion figure using the deflator and what would that figure be?
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Thanks for that. You talked about the £1.3 billion. Obviously, we’ve talked a lot about the £900 million over the summer as well. Can you talk us through what inflation calculation you used for that, what was the base point and how that looks over time and…
20 Rhagfyr 2023 , Finance Committee
Craffu ar Gyllideb Ddrafft Llywodraeth Cymru ar gyfer 2024-25: Sesiwn dystiolaeth 1
Thanks for that. Rhianon. There we are. Hang on. There we are.