{"id":846979,"date":"2026-03-24T11:28:15","date_gmt":"2026-03-24T11:28:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/846979\/"},"modified":"2026-03-24T11:28:15","modified_gmt":"2026-03-24T11:28:15","slug":"independence-warning-top-labour-candidate-says-wales-15bn-better-off-in-uk","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/846979\/","title":{"rendered":"Independence warning: Top Labour candidate says Wales \u2018\u00a315bn better off\u2019 in UK"},"content":{"rendered":"<p class=\"wp-block-paragraph\">A senior Swansea politician has issued a stark warning over Welsh independence \u2014 claiming the country is currently <strong>up to \u00a315 billion a year better off<\/strong> as part of the UK.<\/p>\n<p class=\"wp-block-paragraph\">Mike Hedges says Wales benefits from significantly higher public spending than it generates in tax \u2014 with a gap he estimates at <strong>\u00a312bn to \u00a315bn annually<\/strong>, and potentially even higher.<\/p>\n<p class=\"wp-block-paragraph\">Writing in an <a href=\"https:\/\/nation.cymru\/opinion\/good-news-for-swanseas-rail-line\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">opinion piece for Nation Cymru<\/a>, he argues that under the current system Wales receives <strong>around 10% more public spending per head than the UK average<\/strong>, while tax revenues per person are only about <strong>75% of the UK level<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">That imbalance, he says, is fundamental.<\/p>\n<p class=\"wp-block-paragraph\">\u201cIf Wales were to keep its own revenues and fund its own public spending,\u201d he suggests, \u201cit would face a large fiscal deficit.\u201d<\/p>\n<p class=\"wp-block-paragraph\">He adds that the scale of the gap is comparable to <strong>the entire Welsh health budget<\/strong> \u2014 underlining what he sees as the economic reality of independence.<\/p>\n<p>\u2018Stronger in a larger economy\u2019<\/p>\n<p class=\"wp-block-paragraph\">Hedges argues the UK\u2019s size is a key advantage \u2014 allowing wealth to be redistributed and cushioning regions like Wales during economic shocks.<\/p>\n<p class=\"wp-block-paragraph\">\u201cLarger countries can more easily withstand economic storms,\u201d he says, pointing to the role of UK-wide spending on areas such as defence, debt interest and national infrastructure.<\/p>\n<p class=\"wp-block-paragraph\">He also suggests that any move towards fiscal autonomy would require <strong>significantly stronger economic performance in Wales<\/strong> before it could become viable.<\/p>\n<p>Independence debate intensifies<\/p>\n<p class=\"wp-block-paragraph\">The comments come as Plaid Cymru continues to poll strongly \u2014 with projections suggesting it could emerge as the <strong>largest party after May\u2019s Senedd election<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">Hedges\u2019 intervention is likely to be seen as a direct challenge to that momentum \u2014 putting the economic risks of independence at the centre of the political debate.<\/p>\n<p>Key seat in the spotlight<\/p>\n<p class=\"wp-block-paragraph\">The issue is particularly significant in Swansea and Gower.<\/p>\n<p class=\"wp-block-paragraph\">Hedges is the <strong>sitting MS for Swansea East<\/strong> and Labour\u2019s <strong>top list candidate for the new G\u0175yr Abertawe constituency<\/strong>, making him the party\u2019s most likely candidate to be returned to the Senedd.<\/p>\n<p class=\"wp-block-paragraph\">Under the new voting system, voters will select parties rather than individuals \u2014 with candidates elected based on their position on party lists.<\/p>\n<p class=\"wp-block-paragraph\">Polling suggests Labour could win <strong>just one of the six seats available locally<\/strong>, placing added importance on Hedges\u2019 top ranking.<\/p>\n<p class=\"wp-block-paragraph\">Swansea Council leader Rob Stewart is second on the list and would likely need a stronger-than-expected Labour performance to secure a seat.<\/p>\n<p>Battle lines drawn<\/p>\n<p class=\"wp-block-paragraph\">With the election approaching, Hedges\u2019 message draws a clear dividing line \u2014 between those pushing for greater independence and those arguing Wales is financially stronger within the UK.<\/p>\n<p class=\"wp-block-paragraph\">And with billions of pounds \u2014 and the future direction of the country \u2014 at stake, that debate is only set to intensify.<\/p>\n","protected":false},"excerpt":{"rendered":"A senior Swansea politician has issued a stark warning over Welsh independence \u2014 claiming the country is currently&hellip;\n","protected":false},"author":2,"featured_media":846980,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5010],"tags":[748,4884,242009,37988,242010,173270,242011,16,15,1764,216992,42719],"class_list":["post-846979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-wales","tag-britain","tag-great-britain","tag-gwyr-abertawe","tag-independence","tag-mike-hedges-ms","tag-senedd-election","tag-swansea-east","tag-uk","tag-united-kingdom","tag-wales","tag-welsh-independence","tag-welsh-labour"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116283920337759570","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/846979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=846979"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/846979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/846980"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=846979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=846979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=846979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}