Bangor Business School team appointed to scrutinise Welsh devolved taxes
Following a competitive tendering process, a team from Bangor University’s Business School have been appointed by the Welsh Government to scrutinise the devolved tax revenue forecasts that will be included within the 2018-19 budget.
The Wales Act 2014 and Wales Act 2017 devolved taxation and borrowing powers to the Welsh Government and National Assembly for Wales. These new powers are additional tools to affect economic development and specific policy goals.
The 6-strong group, led by Dr Edward Jones, Lecturer in Economics part-funded by the Coleg Cymraeg Cenedlaethol, will independently assess and scrutinise the Government’s devolved tax forecasts and will also offer advice on improving methodologies for future budgets.
Reflecting on this latest success for the Business School, Professor Jonathan Williams, Head of School, said:
"This new success for Bangor Business School shows the commitment and contribution the School is making to the economy and people of Wales. The appointment by the Welsh Government endorses the research excellence and specialist skills in finance and economics at Bangor Business School".
Publication date: 13 March 2017