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£400 Million in UK Government Funding for Wales

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Wales will benefit from £400 million of additional UK Government funding, as a result of last week’s announcement of a further £7 billion for NHS and social care services.

In total, Scotland, Wales and Northern Ireland will receive £1.3 billion new funding. The funding breakdown is determined by the Barnett formula and it is up to the devolved administrations how they spend the money. When England receives additional funding, the Barnett formula ensures Scotland, Wales and Northern Ireland all receive an equivalent share of funding.

Secretary of State for Wales Simon Hart said:

“The UK Government has supported Wales throughout the pandemic. As well as continuing to protect the Welsh economy and hundreds of thousands of jobs and livelihoods, we are also ensuring that the NHS in Wales has the funding it needs.

“The additional £400m uplift as a result of this week’s announcement provides additional certainty for Welsh Government in the months ahead to continue to plan and deliver its own pandemic response.

“As we have seen over the past year, the strength of the United Kingdom has never been more important to Wales and we will continue to provide vaccines, Covid testing and Armed Forces support which are key to lifting restrictions and reopening the Welsh economy.”

It comes as the UK government sets out its bold vision for the future of clinical research, developed by all four nations. The vision is designed to improve the speed and efficiency with which the UK government sets up studies, uses digital platforms to deliver clinical research, and makes research more diverse and relevant to the whole UK.

Reflecting the ambition of all four UK governments, the vision demonstrates a continued shared commitment to work collaboratively, ensuring the UK remains a world-leader in innovative research for the benefit of all four nations.

Health and Social Care Secretary Matt Hancock said:

“Throughout this crisis we’ve protected the NHS, and made sure they have the resources they need. As a result, across the whole United Kingdom the NHS has been able to live up to its promise of treating everyone according to need not ability to pay. Those values have stood in good stead in this pandemic in very difficult times.

“I’m delighted to confirm that as a result of the £7 billion extra UK Government investment announced last week, Wales will receive £400 million, helping ensure health services in all parts of the UK can continue to tackle the impact of this pandemic. This is another example – alongside the vaccine rollout – of the UK working together for all our citizens.

The funding is on top of the additional £2.1 billion that Wales is already receiving over the next financial year through the Barnett formula, building on the £5.9 billion of additional funding Wales received in 2020-21.”