Hain solution to Barnett completely ignores the funding problem in Wales.

Commenting on the Welsh Secretary of States announcement on the Barnett Formula and the future of funding in Wales, Kirsty Williams, leader of the Welsh Liberal Democrats said:

At last, the Labour party has given in and recognized that the system is unfair to Wales, but the solution Peter Hain has come up with is only a half baked one to the problem we have. It doesnt address the massive underfunding weve had in Wales for the last 30 years and it doesnt address the issue at the heart of the Holtham Commission which is that Wales wants and deserves a needs-based formula.

Why cant Peter Hain see that the current funding formula for Wales is not working? We have long been arguing that this funding formula is not a fair formula for Wales and the Secretary of States announcement today totally ignores this.

If Peter Hain is proposing a funding floor, wed like clarification at which level it will be set and a guarantee that it will be in place after the next comprehensive spending review. This must provide a fair deal for the people of Wales.

Ends.

Category:

News & Politics

Tags:

• Barnett
• Kirsty Williams
• Fair Funding
• Holtham Commission

[TheMuttaFkkinTitz]

@basch2020 Distribution of the Barnett Formula: England 85%, Scotland 10%, Wales 5%. It was a temporary measure that hasn't been removed or improved. Even Barnett admits it is no longer relevant but cannot find a better solution. Also look up a statement from The Institute for Fiscal Studies in which they admit (for the first time in history) that Wales is underfunded.

[basch2020]

I'd keep quiet if I was you love. Wales is a massive net benefactor of the Barnett Formula.

[FreddyTheJumpingCat]

Just be honest and say you want a bigger begging bowl.