NDM8524 - Opposition Debate
Tabled on 13/03/2024 | For debate on 20/03/2024To propose that the Senedd:
1. Recognises the cross-party consensus in the Senedd around the need to reform the Welsh funding model.
2. Calls on the UK Government to bring the unfair Barnett formula to an end and to fund Wales according to need and not based on population.
Tabled By
Amendments
Delete point 2 and replace with:
Calls on the UK Government to replace the outdated Barnett formula with a new relative needs-based system agreed by all four nations, within a new fiscal agreement overseen and operated by a body independent of the UK Government.
Tabled By
Add as new points after point 1, and renumber accordingly:
Notes the current funding model which sees Wales receive £1.20 for every £1 spent on health and education in England, with only £1.05 reaching the Welsh NHS and classrooms.
Notes the nearly £1 billion in additional investment in Wales from the UK Government through the Shared Prosperity Fund and levelling-up funding.
