Government 'Doesn't Even Bother to Apply Barnett Correctly' ; Plaid Accuses Treasury Over Wales' Funding

Summary

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AN MP has accused the Government of "not even being bothered" to properly apply the formula that determines Wales' funding.

Plaid Cymru MP Jonathan Edwards said an answer from Treasury Chief Secretary Danny Alexander about the Barnett Formula, which experts say robs Wales of pounds 300m a year, led him to the conclusion that the system is badly flawed.

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Extract

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Government 'Doesn't Even Bother to Apply Barnett Correctly' ; Plaid Accuses Treasury Over Wales' Funding

According to the way the formula is supposed to work, a Barnett "consequential" (the amount of money due to Wales as a result of money spent in England) should be applied to each UK ...

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