Ed Poole from Cardiff University's Wales Governance Centre explains Welsh finances and the various ways in which we are financially disadvantaged by the system. Welsh poverty is structural.
Ed demonstrates how the financial picture for Wales is worsening and how the status quo is unsustainable. He also outlines the real fiscal challenges that would be faced by an independent Wales.
With big changes afoot in both Scotland and Ireland, a clear, sober and honest assessment of Welsh finances is essential to enable us too to make plans for our future.
This report is essential reading for anyone interested in Wales' future
https://www.cardiff.ac.uk/__data/assets/pdf_file/0004/1767424/Wales_Fiscal_Future_FINAL.pdf