Welsh Government: Borrowing

(asked on 1st December 2025) - View Source

Question to the HM Treasury:

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.


Answered by
James Murray Portrait
James Murray
Chief Secretary to the Treasury
This question was answered on 9th December 2025

As 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 management tools.

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