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Scottish Government and Welsh Government funding

22 March 2024

Proposing MP
Laura Trott Con
Sevenoaks
Type
Written Ministerial Statement
Department
Treasury
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At a Glance

Issue Summary

This statement addresses changes in funding for the Welsh and Scottish Governments through Supplementary Estimates 2023-24, detailing how each government is managing their budgets.

Action Requested

The flexibility to carry forward funding outside of reserves and defer reductions in capital DEL was agreed upon to assist both governments in handling late budget adjustments. Revised funding figures have been provided for 2023-24.

Key Facts

  • The Welsh Government is drawing down £265.056 million in Resource DEL, £47.230m in Capital DEL (General), and £37.420 million in Capital DEL (Financial Transactions) from the Wales Reserve.
  • The Scottish Government wishes to carry forward £14.758 million in Capital DEL (General) outside of the Scotland Reserve and defer a reduction of £52.838 million in Capital DEL (Financial Transactions).
  • Revised 2023-24 funding for the Welsh Government totals £19,922.203 million, while for the Scottish Government it is £44,032.252 million.
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