Plaid Cymru has demanded that the Labour Party “come clean” on its plans for Wales should Ed Milliband win the May election.

Following the launch of Labour’s manifesto, Plaid Cymru’s Treasury spokesman Jonathan Edwards quoted Institute of Fiscal Studies figures which stated that Labour planned to cut £1.2billion from the Welsh Government over the course of the next Parliament

Labour’s manifesto, launched on Monday, underlined the party’s plan to continue with its austerity budget in aid bid to eliminate the deficit “as soon as possible”.

Mr Edwards, who is contesting the Carmarthen East and Dinefwr seat, said: "The first page of the Labour manifesto sets out their ‘austerity lock’ - confirming that they are planning severe cuts over the term of the next Parliament. They now need to come clean in terms of how this axe will fall and what impact it will have on Wales.

"So far Labour has refused to say which taxes they would raise in order to bring in sufficient funds to pay down the deficit which they have committed to eliminating “as soon as possible". This can only mean deep cuts to jobs and services.

"It is therefore only fair that voters know about Labour's austerity plans - electors deserve better than have to go to the ballot box blindfolded and without the facts and figures.

"Labour rightly criticises the Tories for having cut £1.5bn from the Welsh block grant since 2010, but according to the independent Institute for Fiscal Studies, Labour plans to cut £1.2bn over the next parliament. This means even further cuts for Wales under Labour at Westminster."