Communiqué from the Finance: Interministerial Standing Committee - 26 June 2025
Published 26 June 2025
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The Chief Secretary to the Treasury, the Rt Hon Darren Jones MP, chaired a meeting of the Finance: Interministerial Standing Committee on 26 June in London.
The meeting was attended by The Cabinet Secretary for Finance and Welsh Language, the Rt Hon Mark Drakeford MS (Welsh Government), Cabinet Secretary for Finance and Local Government, Shona Robison MSP (Scottish Government) and John O’Dowd MLA, Minister of Finance (Northern Ireland Executive).
Ministers welcomed the opportunity to discuss the outcomes of the UK Government Spending Review and its impacts on Scotland, Wales, Northern Ireland and devolved government budgets. Ministers also discussed next steps following the UK Government Spending Review and the path to a budget in the autumn.
They also discussed the recently published Industrial Strategy and 10 Year Infrastructure Strategy. All four Ministers agreed that continued collaboration across these strategies will be essential in their success and in ensuring the delivery of economic growth.
Ministers also covered the approach to devolved government fiscal flexibilities, where a discussion followed.
Ministers noted that the next meeting of the F:ISC would take place in the autumn and would be chaired by the Scottish Government.