Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of profits from the Crown Estate in Wales being paid directly into the Welsh Consolidated Fund.
The Crown Estate's revenue account profits are returned to the UK Consolidated Fund and support public services across the United Kingdom, including in Wales. Any transfer of Crown Estate revenues to the Welsh Consolidated Fund would need to be considered alongside the Welsh Government's wider funding arrangements, including the operation of the fiscal framework and any associated block grant adjustment, to avoid a double benefit.