High Speed 2 Line: Finance
Commons · Question 15258 · Tabled 20 Nov 2024 · Treasury · Official record
Answered 29 Nov 2024
Question
Asked by Tonia Antoniazzi
To ask the Chancellor of the Exchequer, what assessment she has made of the merits of the application of the Barnett formula in Wales, in the context of HS2 spending.
Answer
Answered by Darren Jones, 29 Nov 2024
The Barnett formula is simple, efficient and provides a clear and certain outcome. This is why it has stood the test of time.The result of Barnett formula is that the Welsh Government is receiving at least 20% more funding per person than equivalent UK Go...