Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what plans he has to update the work of the Holtham Commission on funding for Wales.
The Secretary of State for Wales has announced a process to consider the Welsh devolution settlement, with the aim of reaching cross-party agreement by 1 March 2015.
Building on the joint review process agreed in October 2012 and undertaken as part of the Spending Round in 2013, the UK and Welsh governments have also agreed to revisit the arrangements for considering relative funding in light of the powers contained in the Wales Bill.