Barnett Formula Debate

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Department: HM Treasury

Barnett Formula

Lord Elystan-Morgan Excerpts
Tuesday 10th February 2015

(9 years, 3 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, it is absolutely clear that a consequence of the Scottish referendum is that a raft of issues around the way the union operates, not least the way in which power works in the Commons and in England, needs to be revisited. All the parties are setting out proposals at the moment about how they propose to do that.

Lord Elystan-Morgan Portrait Lord Elystan-Morgan (CB)
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Does the Minister accept that the solemn undertaking given by the Prime Minister on Welsh devolution—that Wales should be at the very heart of devolution—means that as regards the Barnett formula, Wales should be on a par with Scotland in relation to that subvention?

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.