Welsh Conservatives shadow cabinet secretary for finance, Sam Rowlands, said: “Labour’s woeful budget will not fix a broken Wales. It must be voted down.”

The MS added: “The budget lacks long-term planning and it’s clear they have abdicated responsibility to the most vulnerable. Labour deserves to lose this budget vote and must be turfed out of office as soon as possible.

“A first step to easing the cost of living for those currently being let down by Labour, would be to restore payments to pensioners by introducing a Welsh winter fuel allowance, paid for by slashing the Welsh Labour government’s inflated spending on central bureaucracy.”

Plaid Cymru spokesperson for finance, Heledd Fychan, added: “This is a damning report, echoing Plaid Cymru’s concerns that this is a budget devoid of principle and purpose. It fails to tackle the crises facing our NHS, councils, and higher education.”

She added there was “widespread worry about the impact of the UK government’s hike in employer National Insurance contributions”.

“Labour in Westminster’s refusal to fully reimburse Welsh public sector employers, as recently admitted by the cabinet secretary for finance himself, will leave our councils bearing the brunt.”