Barnett Formula Debate

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Department: HM Treasury

Barnett Formula

Lord Thomas of Gresford Excerpts
Tuesday 10th February 2015

(9 years, 10 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, as the noble Lord knows, all-party talks are going on at the moment about future constitutional and other developments in Wales, and funding is one of the items.

Lord Thomas of Gresford Portrait Lord Thomas of Gresford (LD)
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The Minister referred to the Holtham commission. Is he aware that last October all four parties in the Welsh Assembly agreed that in conjunction with the UK Government Holtham should be looked at again? What is the current situation?

Lord Newby Portrait Lord Newby
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My Lords, in terms of what is happening on the ground in Wales, the level of expenditure which Holtham suggested would be appropriate if there was to be a fair allocation is actually being spent.