Plaid Cymru wants £30bn in new borrowing to boost the Welsh economy

Plaid Cymru wants £30bn in new borrowing to boost the Welsh economy

Wales needs an additional £30bn capital war chest over the next decade to recover from the pandemic and provide investment to create a greener economy says Plaid Cymru.

Funding for the first phase of its emergency economic revival plan is predicated on the UK Government agreeing to lifting the Welsh Government’s borrowing capacity for capital from the current limit of £1bn (with a £200m annual…

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