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Welsh Secretary welcomes Budget for sustainable economic recovery

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Thursday, March 21, 2013
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South Wales Evening Post

WELSH secretary David Jones has said the Chancellor's Budget will pave the way for a sustainable economic recovery and support the aspirations of the people and businesses of Wales.

Mr Jones said: "I was pleased to see that the Welsh Government will receive an additional £161 million of capital funding as a result of this Budget.

"It is now up to the First Minister and his team to set their own priorities and use this funding to invest in high-quality infrastructure, including any shovel-ready projects waiting for the financial backing to get off the ground.

"We remain committed to working with the Welsh Government and continuing our positive discussions on the funding options for improving the M4 in South Wales.

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"These are being considered alongside the recommendations made in the Silk Commission's report and we will respond in due course.

"I was also particularly pleased to see that the priorities of the members of my Business Advisory Group, to see an increase in capital funding for Wales, and the introduction of the National Insurance Contribution allowance were reflected in the Budget today."

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