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79778

registered interest
date	30/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Expenditure
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what plans they have to review the Barnett formula, in the light of the referendum on Scottish independence.
tabling member printed	Lord Wigley
uin	HL1667
answer	answer is ministerial correction date of answer 11/08/2014 answer text <p>The Government position has been consistent: our priority has been to reduce the deficit and ensure a secure economic future for the whole of the UK.</p><p> </p><p>We have also been clear that no significant changes to the Barnett Formula are in prospect.</p> answering member printed Lord Deighton question first answered 11/08/2014 12:03:32 answering member 4262 label Biography information for Lord Deighton
tabling member	547 label Biography information for Lord Wigley

79600

registered interest
date	24/07/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Expenditure: Wales
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what discussions they have had with ministers of the Welsh Government during the last 12 months regarding replacing, or amending, the Barnett Formula as it applies to Wales.
tabling member printed	Lord Wigley
uin	HL1496
answer	answer is ministerial correction date of answer 11/08/2014 answer text <p>The Government is working closely with the Welsh Government to devolve new tax and borrowing powers through the Wales Bill. The devolution of tax powers requires an adjustment to the Welsh Government’s block grant as it will instead retain certain tax revenues. The proposed block grant adjustment mechanisms are set out in the Wales Bill Command Paper.</p><p> </p><p>The Government has not had any discussions with ministers of the Welsh Government during the last 12 months regarding replacing, or amending, the Barnett Formula as it applies to Wales.</p><p> </p><p> </p><p>The Government position is clear: our priority remains reducing the deficit and ensuring a secure economic future for the whole of the UK.</p> answering member printed Lord Deighton question first answered 11/08/2014 12:00:52 answering member 4262 label Biography information for Lord Deighton
tabling member	547 label Biography information for Lord Wigley