Budget money for devolved nations ‘fails to offset economic pressures’
Rishi Sunak has been accused of failing to meet significant financial challenges in Scotland and Wales despite unveiling record funding for the UK’s devolved governments.
The chancellor said Treasury grants for the Scottish, Welsh and Northern Irish governments would reach the highest levels since devolution over the next three years to £75.2bn, with £8.7bn in extra funding a year, a real-terms increase of 2.4%.
Saying this money would strengthen the UK’s “family” of nations and regions, Sunak also unveiled a swathe of UK government-funded projects that might trigger further conflicts over bypassing devolved parliaments.
UK-wide programmes, with some billed as replacements for EU projects, include £350m for British Business Bank hubs for firms
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