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Welsh Government Sets Out Draft Budget for 2026/27

The £27.1 billion draft budget includes a 2% real terms increase for every department to maintain funding ahead of the Senedd election, officials said.

Welsh Government announces more than £27bn 2026/27 draft budget, prioritising health, social care, and public services funding ahead of Senedd election.

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The Welsh Government's new Draft Budget does not propose an increase in the Welsh Income Tax Rate or in the thresholds for the Land Transactions Tax. Over £27bn has been identified by the Welsh Government in today's (Tuesday, October 14) Draft Budget.

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retail-insight-network.com broke the news in on Tuesday, October 14, 2025.
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