Public Expenditure: Wales

(asked on 14th September 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent representations he has received from the Welsh Government on the effect of the Barnett Formula on the level of funding Wales receives.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 21st September 2015

The Barnett Formula is updated at every Spending Review. In accordance with the Statement of Funding Policy, the Treasury consults as appropriate with the Devolved Administrations.

The St David’s Day Command Paper published in February made clear that we would introduce a funding floor at the Spending Review.

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