Treasury written question – answered at on 4 November 2025.
Ben Lake
Plaid Cymru, Ceredigion Preseli
To ask the Chancellor of the exchequer, what estimate she has made of the total amount of funding to be allocated to the Welsh Government through the Barnett formula following the the full rollout of free childcare in England.
James Murray
The Chief Secretary to the Treasury
The Barnett formula is applied when departmental budgets change – not when departments announce how they are spending their budgets or when policy is delivered. The Barnett formula was applied in the usual way following Spending Review 2025
The published Block Grant Transparency document provides a detailed breakdown and the most recent iteration was published on October 2025: Block Grant Transparency: October 2025 - GOV.UK
Yes1 person thinks so
No1 person thinks not
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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.
