Part of the debate – in the House of Lords at 3:17 pm on 12 November 2025.
Lord Wilson of Sedgefield
Lord in Waiting (HM Household) (Whip)
3:17,
12 November 2025
To repeat what I have said before, Wales and the other devolved authorities have done really well out of the Barnett formula this time around. It is the biggest increase in their funding from the Barnett formula since 1998. The money is there and it is up to the elected Assembly to decide how it is going to spend it, so that democracy is there. All I can say is that the best result we could get at the next election is a Labour Assembly.
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.
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.
