One of Cambridgeshire's oddest traditions gets under way this morning...
Budget: "More Power To Wales"
The Chancellor's confirmed plans for a Swansea Bay Tidal Lagoon are being taken forward.
It's part of the latest budget for the UK.
South West Wales Assembly Member Peter Black says he’s delighted with the announcement:
“It’s absolutely fantastic news, this tidal lagoon is going to be transformative for Swansea and west Wales.
“It’s going to bring hundreds of jobs and attract a lot of tourists.
“And of course it’s going to produce sustainable energy.”
The Government's now going to hold talks over the £1billion energy project, which could be extended to 3 other sites in Cardiff, Newport and Colwyn Bay.
George Osborne says there’ll be more powers for Wales, working on a Cardiff City deal to make the capital a better place to do business.
The cost of crossing the Severn Bridge is coming down too, with tolls being reduced for cars and vans.
Karen Davies is a mum-of-two and says it’ll have a huge effect on her and her family:
“I think it’s amazing because it’s always an extra cost if you decide to go somewhere across the brige.
“Sometimes you need to use it because there’s a lot more there for children’s days out.”
In other new measures announced, the amount people earn before they pay income tax will go up to £11,000, and first time buyers are going to be helped with deposits with a "Help to Buy" ISA.
Tax on beer, cider and spirits is being cut and fuel duty will be frozen in September, saving families £10 every time they fill up at the pumps.
However, the Welsh Government isn’t convinced.
Finance Minister Jane Hutt says she’s very disappointed with the Budget:
“This is yet another Budget which leaves too many challenges and unanswered questions.
“The UK Government’s austerity programme during this Parliament has had a devastating impact on Wales and is set to continue with a further £30bn of cuts forecast up until 2017-18.”
The Chancellor says our households will be better off and more secure.
The first rail freight service from the UK to China has arrived.
The owner of an Indian restaurant in Newport has been fined for "serious" hygiene offences.
Ambulance crews are marking the first anniversary of a crash which killed an ambulance driver in North Wales.
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