3 Lord Davies of Gower debates involving HM Treasury

Wales: Public Services

Lord Davies of Gower Excerpts
Tuesday 5th November 2024

(2 weeks, 4 days ago)

Lords Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Lord Livermore Portrait Lord Livermore (Lab)
- View Speech - Hansard - - - Excerpts

I am grateful for my noble friend’s question; it is gratifying to hear what she says. As I said, the Welsh Government settlement for 2025-26 is the largest in real terms since devolution, and Treasury Ministers are in regular and constant contact with their counterparts in Wales and the other devolved Administrations.

Lord Davies of Gower Portrait Lord Davies of Gower (Con)
- View Speech - Hansard - -

My Lords, the Budget delivered an additional £1.7 billion for Wales, and the Barnett formula means that Wales gets £1.20 of public funding for every pound spent in England. In light of this, can the Minister explain why the Labour-run Welsh NHS has waiting lists at record highs, with 22,000 people awaiting operations for over two years?

Lord Livermore Portrait Lord Livermore (Lab)
- View Speech - Hansard - - - Excerpts

The Barnett formula is a simple and efficient way of allocating finance and has stood the test of time. As the noble Lord says, it delivers a very good deal for Wales; the higher per-person funding broadly reflects the higher cost of delivering public services in Scotland, Wales and Northern Ireland compared with England.

Oral Answers to Questions

Lord Davies of Gower Excerpts
Tuesday 19th April 2016

(8 years, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
George Osborne Portrait Mr Osborne
- Hansard - - - Excerpts

It is absolutely right that companies and the shareholders who own those companies think about their pay policy, act responsibly and do not pay excessive amounts to chief executives who do not deserve them. It is this Government who introduced those shareholder votes—they did not exist under previous Labour Governments—and I am glad that shareholders are using the opportunity we have given them. I do not think, if this is what the hon. Gentleman is hinting at, that we should be putting trade unions on company boards, but I do agree that we should make sure that shareholders use all the tools available to them.

Lord Davies of Gower Portrait Byron Davies (Gower) (Con)
- Hansard - -

T5. Will the Chancellor update the House on any discussions he has had for a potential city deal for the Swansea Bay city region, and on what he can do to drive growth and create jobs in south-west Wales, particularly in my Gower constituency?

George Osborne Portrait Mr Osborne
- Hansard - - - Excerpts

First, we are now in conversation with Swansea about what we can do for the city deal. We are of course acutely aware that we need to help the steelworkers in Port Talbot. We are working to achieve a sale of the site, but we are also helping those who have already been made redundant. We are also looking very closely at the tidal bay lagoon scheme and at whether we can make that fly as well.

Oral Answers to Questions

Lord Davies of Gower Excerpts
Tuesday 1st March 2016

(8 years, 8 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Davies of Gower Portrait Byron Davies (Gower) (Con)
- Hansard - -

The Chancellor will be aware that debates have been held and questions asked in the House regarding serious allegations of collusion between banks and valuers in order to deliberately undervalue and seize assets. Has he considered the current regulations on such banks and valuers, and whether there needs to be a broader remit for the Serious Fraud Office and other organisations to investigate these serious allegations, whose number is growing?

Harriett Baldwin Portrait Harriett Baldwin
- Hansard - - - Excerpts

I am aware of the points my hon. Friend has raised in Westminster Hall and obviously I am keen for our system to have a tough set of rules on conduct in the banking system. I would welcome the opportunity to meet him to discuss these specific allegations in more detail.