Sewel Convention Debate
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Viscount Waverley
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Sewel Convention
Viscount Waverley Excerpts(2 years, 5 months ago)
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Lord Greenhalgh (Con)
My Lords, it is important that we get the Sewel convention to work, and that is why it is one of two items on the agenda for the upcoming inter-ministerial steering committee. We have had a working group on the Sewel convention. I cited the figures in response to another question; considerable sums are going through the UK shared prosperity fund, and it is important that we use those funds for the benefit of all four nations.
Viscount Waverley (CB)
My Lords, the European Union has a system of gauging GDP within rural areas, called Objective 1. Do we have anything equivalent and if so, what is it?
Lord Greenhalgh (Con)
My Lords, I always appreciate the breadth of questions you can get on a Question that concerns the Sewel convention. I am not aware that we use something similar to that EU measurement, but I note that the EU has its own approach to the funding formula.