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Row over £38m cut to Welsh funding under new Local Growth scheme

Summary by Swansea Bay News
First Minister admits settlement is “slightly smaller” The Welsh Government confirmed it will launch a consultation later this month to decide how the money is spent. Ministers in Cardiff say the fund will be used to support skills, help businesses in key sectors such as health and AI, and tackle barriers to growth. First Minister Eluned Morgan said the settlement represented around 22% of the UK‑wide fund and pledged it would “reach all parts o…
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Swansea Bay News broke the news in on Monday, October 13, 2025.
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