The Welsh Liberal Democrats have accused the Conservative Government in Westminster of levelling down Wales in yesterday’s budget, stating that measures announced by the Government do not even come close to replacing lost EU funding. The accusations come as a newly released impact study by the Office for Budget Responsibility (OBR) showed that the UK economy will be 4 per cent smaller as a result of Brexit, in addition to the 2 per cent smaller it is set to be from the COVID-19 pandemic. The announcement from Chancellor Rishi Sunak yesterday also outlined that Wales will receive a £254 million cut in development funding after it was revealed Wales will receive just £121 million in funds from the so-called ‘Levelling-Up’ Fund in comparison to the £375 million a year it would have received if the UK had remained in the EU. Commenting Welsh Liberal Democrat Leader, Jane Dodds MS, stated: “We are now seriously beginning to feel the consequences of this Conservative Government’s ob...
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