Barnett Formula: Wales - Question

Part of the debate – in the House of Lords at 3:17 pm on 12 November 2025.

Alert me about debates like this

Photo of Baroness Bennett of Manor Castle Baroness Bennett of Manor Castle Green 3:17, 12 November 2025

The strengthened representation and increased democracy we are about to see in Wales with the Senedd elections under the new system surely add further weight to the needs-based argument of the noble Lord, Lord Wigley, for looking again at improving the Barnett formula for Wales. Should the elected people closest to the voters, truly representing them, not have adequate resources to deliver on their aspirations?

Barnett Formula

An economic mechanism used by the Treasury to adjust automatically the amounts of public expenditure allocated to Northern Ireland, Scotland and Wales, to reflect changes in spending levels allocated to public services in England, England and Wales or Great Britain as a whole.

See http://en.wikipedia.org/wiki/Barnett_formula

Barnett formula

An economic mechanism used by the Treasury to adjust automatically the amounts of public expenditure allocated to Northern Ireland, Scotland and Wales, to reflect changes in spending levels allocated to public services in England, England and Wales or Great Britain as a whole.

See http://en.wikipedia.org/wiki/Barnett_formula