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Royal Assent for Wales Bill delivers new financial powers says First Minister
First Minister of Wales Carwyn Jones has today welcomed the Wales Bill receiving Royal Assent.
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Section highlightQualifications Wales BillThe Bill will establish Qualifications Wales as an independent regulator for qualifications and the qualification system in Wales.
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This 6th edition details over 370 investments across both public and private sectors with a value of more than £40bn.
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Welsh exports for the four quarters up to and including 2014 quarter 3 were down 0.6 per cent on the previous four quarters (sum of the UK countries and English regions down 3.2 per cent). Figures for 2014 quarter 3 in isolation were down on the same quarter in 2013 and down on the previous quarter.
- The value of exports for Wales for the four quarters up to and including 2014 quarter 3 fell by £89 million compared with the previous four quarters.
- There was a fall in exports to EU countries of £98 million (1.6 per cent) but an increase in exports to non-EU countries of £9 million (0.1 per cent). Exports to the EU accounted for 44.3 per cent of Welsh exports compared to 48.7 per cent for the sum of the UK countries and English regions.
- Five of the twelve UK countries and English regions had increases with the South West having the largest increase (up 15.4 per cent) followed by the West Midlands (up 11.2 per cent). The remaining seven regions saw falls over this period, with London having the largest fall (down 13.7 per cent) followed by the North West (down 9.4 per cent).
- Between 1999 and the four quarters up to and including 2014 quarter 3 there was a 113.8 per cent increase in Welsh exports, the third largest of the UK countries and English regions. This compares with an increase of 72.0 per cent for the sum of the UK countries and English regions. No country or English region saw a fall over this period.
- Looking at 2014 quarter 3 in isolation, total exports (by value) for Wales were down on the corresponding quarter in 2013 by £612 million (down 16.9 per cent) to £3,010 million. All but two of the twelve UK countries and English regions had falls over this period. Wales had the largest fall whilst the North East had the largest increase (up 6.1 per cent). Overall, the value of exports for the sum of the UK countries and English regions fell by 6.0 per cent.
- Welsh exports for 2014 quarter 3 were lower in value than in the previous quarter (down £415 million or 12.1 per cent), whilst the sum of the UK countries and English regions fell by 3.1 per cent. Nine of the twelve UK countries and English regions saw a fall over this period with the East having the largest fall (down 15.1 per cent).
Quarterly data are published on StatsWales and a report is published bi-annually.
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