Written Question·Treasury·UIN 15258

High Speed 2 Line: Finance

Tabled: 20 November 2024
Answered: 29 November 2024

Question

Tonia Antoniazzi

LabourGower

To ask the Chancellor of the Exchequer, what assessment she has made of the merits of the application of the Barnett formula in Wales, in the context of HS2 spending.

Answer

Darren Jones
The Barnett formula is simple, efficient and provides a clear and certain outcome. This is why it has stood the test of time.The result of Barnett formula is that the Welsh Government is receiving at least 20% more funding per person than equivalent UK Go...

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