Economic Situation: Scotland and Wales

(asked on 21st October 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they taken to make a quantitative assessment of the impact of the Autumn Budget 2024 on the economies of Wales and Scotland.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 4th November 2025

The Government considered the impact of all measures announced at the Budget in October 2024 on the economies of Scotland, Wales and Northern Ireland. These considerations also form part of the process for the Budget that the Chancellor is due to deliver on 26 November.

The Government provides information to the Office for Budget Responsibility to enable it to deliver its forecast for those elements of taxation which are devolved.

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