Baroness Randerson
Main Page: Baroness Randerson (Liberal Democrat - Life peer)Department Debates - View all Baroness Randerson's debates with the HM Treasury
(2 days, 3 hours ago)
Lords ChamberI do not think the Government have any such plans, but the Budget delivered for all the devolved assemblies a record amount in settlements since devolution.
My Lords, the previous Conservative Government decided that, despite the fact that not a single yard of HS2 would be built in Wales, it would not get any Barnett consequential funding from that. That decision was criticised from the Labour Benches and deeply criticised by the Welsh Labour Government. How is it that the new Government can defend the decision of their Conservative predecessor?
As I understand it, as heavy rail is a reserved matter and the UK Government are therefore responsible for heavy rail infrastructure across England and Wales, they spend money on this in Wales rather than funding the Welsh Government to do so through the Barnett formula. This approach applies to investment in HS2 and is consistent with the funding arrangements for all other policy areas that are reserved in Wales, as set out in the Statement of Funding Policy.