National Assembly for Wales

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To propose that the Senedd:

1. Recognises that redistribution of wealth is a major benefit of being part of the United Kingdom.

2. Recognises that the United Kingdom is the most centralised and economically imbalanced country in western Europe.

3. Agrees that Scottish Government resistance to reforming the Barnett formula should be the primary focus of the Welsh Government’s engagement with the Scottish Government.

4. Calls on the Welsh Government to report quarterly to the Senedd on progress in influencing change to the Scottish Government’s position and in seeking and delivering a fairer settlement for the nation and regions of Wales.

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To propose that the Senedd:

1. Notes the Institute for Fiscal Studies’ latest analysis that reforming the Barnett formula could result in Wales receiving £1 billion less a year in funding.

2. Calls on the Welsh Government to focus spending on devolved areas.

3. Calls on the UK Government to cut international spending to deliver fairer funding for Wales.

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To propose that the Senedd:

1. Believes that Wales deserves fair funding.

2. Notes that:

a) the previous UK Conservative Government introduced a Fiscal Framework in 2016 which introduced a need-based factor into the funding formula for Wales; and

b) the Institute for Fiscal Studies concluded that the Welsh Government received around 25 per cent more UK Government funding per resident than is spent on comparable services in England as of 2024–25.

3. Recognises the risks associated with a review of the Welsh Fiscal Framework.

4. Calls on the Welsh Government to use its existing budgets in a way that delivers better value for money for Welsh taxpayers.