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Devolution and Growth Across Britain

Part of the debate – in the House of Commons at 1:47 pm on 3rd June 2015.

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Photo of Jonathan Edwards Jonathan Edwards Shadow PC Spokesperson (Treasury), Shadow PC Spokesperson (Business, Innovation and Skills), Shadow PC Spokesperson (Transport), Shadow PC Spokesperson (Foreign Intervention) 1:47 pm, 3rd June 2015

The Labour amendment equates fair funding with the so-called Barnett floor, yet the hon. Gentleman has just said that he is committed to the Barnett formula for Scotland. If Wales had the same level of investment as Scotland, it would be worth an extra £1.4 billion a year. Would that not be fair funding? If that were in the Labour amendment, I would be more than happy to march through the Lobby with him. As it is, we cannot.