Commission on Devolution in Wales

Susan Elan Jones Excerpts

Monday 18th November 2013 Commons Chamber

[Mr Jones]

My reading of the situation is that the Conservative and Liberal Democrat parties will certainly campaign in that way, and I imagine that Plaid Cymru will do so as well. I am not so certain about the Labour party, however, although I hope that it will be bold and ambitious for Wales.

[Susan Elan Jones (Clwyd South) (Lab)]

I should like to press the Secretary of State on a detail that seems to have been omitted. Under the Scotland Act 2012, the Scottish Government can borrow up to 10% of their capital budget, up to a maximum stock of £2.2 billion. I believe that the relevant figure for the financial year 2014-15 will be £230 million. Will the formula be the same for the Welsh Government?

[Mr Jones]

We certainly propose to use the Scotland Act as a model, but these matters require further negotiation, and further details will emerge in due course.