Public Expenditure: Wales
(asked on 3rd December 2024) - View Source
Question to the Wales Office:
To ask the Secretary of State for Wales, what recent assessment she has made of the adequacy of the Barnett formula for Wales.
This question was answered on 11th December 2024
The Welsh Government’s budget is increasing in real terms and is the largest settlement since devolution. This includes £1.7 billion through the Barnett formula to spend on public services like the NHS, which I noted didn’t feature in the Honourable Member’s pre budget ‘demands’.
The outcome of the formula is actually that the Welsh Government receive 20% more per person than equivalent UK Government spending in other parts of the UK.