Treasury written question – answered at on 9 September 2024.
Ben Lake
Plaid Cymru, Ceredigion Preseli
To ask the Chancellor of the exchequer, how much the Welsh Government will receive in additional Barnett formula consequential funding as a result of the most recent pay award for NHS staff in England.
Darren Jones
The Chief Secretary to the Treasury
The Barnett formula applies to all increases or decreases to Departmental Expenditure Limits (DEL). When UK Government departmental budgets change, the Barnett formula will apply in the usual way. Any Barnett consequentials in 2024-25 resulting from the recent pay award for NHS staff in England would be confirmed at Autumn Budget 2024 and Supplementary Estimates 2024-25.
The published Block Grant Transparency document provides a detailed breakdown of how the block grants are calculated. The most recent report was published in July 2023.
Yes4 people think so
No4 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
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.
