Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the Written Ministerial Statement of 23 October 2023 entitled Bus Funding Update, HCWS1084, how much Barnett consequential funding the Welsh government will receive following the increase to the bus service operator grant.
The Barnett formula will continue to apply in the usual way as set out in the published Statement of Funding Policy document. The Barnett formula is applied when departmental budgets change – not when departments announce how they are spending their budgets.
The Written Ministerial Statement of 23 October 2023 entitled 'Bus Funding Update’ did not announce additional funding for the Department of Transport. Any additional funding for the Department for Transport will be confirmed in the usual way.