Old homes might be renovated instead of only building thousands of new ones, say ministers.
Soaring costs mean some old homes might be renovated instead of only building new ones to hit Welsh Labour's social housing pledge, ministers have admitted.But the finance minister said herCapital funding - which pays for building work - has been squeezed hard.
As a result, some things might take longer, Rebecca Evans told the Senedd's finance committee, the day after unveiling her budget."We could be looking at homes which are brought up to standard or further empty homes brought into use, and so on." A commitment to spend £1.5bn building schools would be honoured, but "inevitably we are not going to get so much for that money".She added: "There will be parts of the budget where we are just simply not able to deliver as much as we originally intended.""That means you're kind of getting 15% less school for you money this year, compared to last year," Welsh government Treasury director Andrew Jeffreys said.
Belgique Dernières Nouvelles, Belgique Actualités
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