Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent discussions he has had with Cabinet colleagues on the potential impact of inflation on the budgets of devolved governments.
Spending Review 2021 provided the devolved administrations with their largest annual block grants, in real terms, of any spending review settlement since 1998. As a result, the devolved administrations’ funding is still growing in real terms over the Spending Review period despite higher inflation, which means they remain well-funded to deliver their devolved responsibilities. I continue to actively engage on this issue with my counterparts in the devolved administrations.