Barnett Formula Debate

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Department: HM Treasury

Barnett Formula

Baroness Royall of Blaisdon Excerpts
Monday 3rd November 2014

(9 years, 6 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, I think that we need to remember that Wales receives greater per capita expenditure support than England; in 2012-13, while in England as a whole the level was just over £6,000, in Wales it was just shy of £7,000.

Baroness Royall of Blaisdon Portrait Baroness Royall of Blaisdon (Lab)
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My Lords, my noble friend Lord Barnett was an extraordinary man, as an MP, a Minister, a colleague and a friend to all Benches in this House. He diligently held the Government to account and did his utmost to ensure the best for the people of this country until just a few weeks ago. He believed, as we all do, that government should be a force for making life better for the people of this country. I have just been joined by my noble friend Lord Davies of Oldham, who used to be a PPS for my noble friend Lord Barnett.

Can the Minister confirm that the Government will agree to the all-party request from the Welsh Assembly for bilateral talks between the UK and Welsh Governments on fair funding, and to rapid implementation of a funding floor, which the Welsh Government suggest should be completed by January 2015?

Lord Newby Portrait Lord Newby
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My Lords, as I said in my initial Answer, we have agreed that we will revisit the arrangements for funding in Wales in advance of each spending review. We will do the next review next year in conjunction with the Welsh Government.