Welsh Government: Tax-varying Powers Debate

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Department: Wales Office

Welsh Government: Tax-varying Powers

Lord Morgan Excerpts
Tuesday 27th November 2012

(11 years, 12 months ago)

Lords Chamber
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Baroness Randerson Portrait Baroness Randerson
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It is important to bear in mind that the Government look at each of the devolved Assemblies and Parliaments and balances one against the other. They each have individual circumstances, individual rights and a different devolution settlement from the other devolved nations of the UK.

Lord Morgan Portrait Lord Morgan
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My Lords, the Silk commission admirably proposed a valuable extension of devolution by linking representation and taxation. Nevertheless, is not the Welsh Labour Party correct in saying that we cannot properly resolve these matters until there is fair funding for the Welsh Government, which means the abolition of the Barnett formula?

Baroness Randerson Portrait Baroness Randerson
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I draw the noble Lord back to my previous answer which related to the statement in October from the two Governments. That made it clear that in relation to the Barnett formula there was an agreement between the two that, if convergence were to start to occur again, there would be discussions with a view to establishing a mechanism to ensure a fair system for Wales.