Written Question·Treasury·UIN 15258
High Speed 2 Line: Finance
Tabled: 20 November 2024
Answered: 29 November 2024
Question
Tonia Antoniazzi
Labour — Gower
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 JonesThe 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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