Wales: Additional Financial Resources - Question

Part of the debate – in the House of Lords at 3:07 pm on 18th January 2023.

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Photo of Lord Howell of Guildford Lord Howell of Guildford Conservative 3:07 pm, 18th January 2023

My Lords, the late Lord Barnett of course disliked the Barnett formula intensely; he realised it had many faults and clearly needed improving. How do the Government feel about suggestions from some quarters that there should be much more fiscal devolution and that the devolved nations and areas should raise their own funds through new taxation? Is that a good idea?