Question to the Wales Office:

To ask His Majesty's Government what response they have given, or propose to give, to the Welsh Government’s request for its borrowing powers to be made equivalent to those available to the Scottish Government.

Spending Review 2025 provided the Welsh Government with its largest real-terms Spending Review settlement since devolution, with nearly £6.5 billion of additional spending power over the Spending Review period. At Autumn Budget 2025, the Government announced changes to the Welsh Fiscal Framework, including a 10% increase in annual and cumulative capital borrowing limits and Wales Reserve limits from 2026-27, with annual indexation from 2027-28.

The Fiscal Frameworks for Scotland, Wales and Northern Ireland have been agreed separately with each devolved government to reflect the different needs of each nation.