Wales: Barnett Formula
Debate between Lord Strathclyde and Baroness Randerson(12 years, 6 months ago)
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The Chancellor of the Duchy of Lancaster (Lord Strathclyde)
My Lords, tomorrow we have a Question on the behaviour of the House, and I would not want to use this as a bad example. We have time for one more Peer, and I think that it should be the noble Lord, Lord Richard.
Debt
Debate between Lord Strathclyde and Baroness Randerson(12 years, 7 months ago)
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The Chancellor of the Duchy of Lancaster (Lord Strathclyde)
My Lords, we have not heard from the Liberal Democrat Benches, so perhaps we can now.
Baroness Randerson
My Lords, the Government have stated repeatedly that reducing the deficit must take priority over reform of the Barnett formula. Can the Minister tell us whether Treasury discussions with the Government in Wales have included consideration of a temporary mechanism—the so-called Barnett floor—which, although it would not solve the problem, would at least alleviate the immediate widening of the unfairness in the funding of Wales?