B

Baroness Smith of Basildon (Lab)

Speaking in the House of Lords on 4 November 2024

Debate

Scotland

Contribution

My Lords, it sometimes feels like 40 years can go by in the blink of an eye in your Lordships’ House. I remember Lord Barnett well. The noble Baroness is absolutely right: the real-terms increase of £3.4 billion next year takes Scottish funding to £47.7 billion—the largest settlement ever in devolution history. Of course, that is on top of the £125 million confirmed for GB Energy. We have also committed funds to Brand Scotland, which will promote investment opportunities in Scotland. The noble Baroness’s basic point is important: the additional money is supposed to directly benefit the people of Scotland, in the economy, health and education. We look forward to working with the Scottish Government to make sure that that is the case.

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