To ask the Chancellor of the Exchequer, what the full Barnett consequential is to Wales of the proposed Integrated Rail Plan.
24 November 2021
The UK Government is responsible for much of the rail infrastructure in Wales, and therefore spends money on this infrastructure rather than funding the Welsh Government to do so.
In line with this responsibility, the UK Government is currently delivering an ambitious programme to upgrade Welsh railways, including through the electrification of the Severn Tunnel and building a new station at Bow Street.
The Barnett formula is applied at fiscal events when departmental budgets are set rather than being applied when departments announce how they are spending their budgets. At the recent 2021 Spending Review the UK Government provided the Welsh Government with more than £18 billion on average each year over the Spending Review period. The Welsh Government will determine how to spend this on its devolved responsibilities.