Help to Buy – Wales Shared Equity Scheme »This shared equity loan will make up the shortfall between the purchase price of a property and the funding available to buyers through their cash deposit and mortgage offer.Learn more »
“Autumn Statement has done little to change the challenging public finance outlook for Wales” – Jane Hutt
Wales’ Finance Minister Jane Hutt has responded to the UK Government’s Autumn Statement – saying that it has done little to change the challenging public finance outlook for Wales.
- New guidance on care and support for over 65s
- Independent report revealed at the Event Wales International Conference 2013 outlines positive impact of games and events for Wales
- “Autumn Statement has done little to change the challenging public finance outlook for Wales” – Jane Hutt
- Consultation on Regional engagement partnership structures in the tourism sector
- Implementation of Commission Directive 2013/45/EU concerning the change to the botanical name of tomato
- School term dates regulations
- Beyond 2011: Consultation on Census and future provision of population statistics in England and Wales
- M4 Corridor around Newport Consultation
- Undertaking fatal and non-fatal drug poisoning reviews in Wales
Featured consultation »New guidance for the Risk Assessment of Walked Routes to School
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In this section
Section highlightThe Housing (Wales) Bill
The Bill will introduce significant improvements across the housing sector to ensure that people have access to a decent, affordable home and better housing-related services.
Legislative programme 2013 - 2014 »
The First Minister detailed the 8 bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the 3rd year of the Welsh Assembly.Learn more »
Section highlightProject pipeline update - December 2013
This Wales Infrastructure Investment Plan annex highlights planned investments and potential procurement opportunities.
Final Budget 2014-15 »
The amount of funding allocated to Welsh Government Departments for 2014-15 is £14.9bn.Learn more »
- Statistics & Research
Written - The Funding of the Airbus Wing Design
I assume that the request for this statement relates to the design of the wing for the Airbus A350 XWB.
On 1 December the EADS Board of Directors gave the go ahead for Airbus to launch the industrial programme for the new A350 XWB airliner family. The A350 XWB, together with the A330/A340 aircraft family will meet a market that requires some 5,700 new aircraft being delivered in the next two decades. It is a key market sector and the aircraft will go into direct competition with the Boeing 787 ‘Dreamliner’.
The design and manufacture of the A350 XWB wings is a key work programme to secure the long-term future of Airbus’s Broughton plant, which has over 7,000 highly skilled employees. This will be the first Airbus model largely constructed of composite materials, which are lighter than aluminium with the resulting benefits in fuel efficiency. The development of composite wing technology is central, not only to maximising UK involvement in the A350 XWB, but also to maintaining UK wing leadership across the next generation of Airbus aircraft.
The estimated €10 billion design and development costs of the A350 XWB, including the wings, will be financed predominantly from Airbus cash flows, with a strong contribution from the company’s Power8 competitiveness programme and from risk sharing partners. EADS expects to spread the development costs of the full A350 XWB family of aircraft over the years 2007 to 2014 with the bulk of spending occurring in 2010 to 2013.