Gerry Holtham
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Holtham: Wales funding is up, but I'm not sure why

Wales is no longer "significantly" underfunded compared to England, according to the economist who led a review into the matter.

In 2010, Prof Gerry Holtham said Wales was missing out under the Treasury's Barnett formula for setting grants across the UK nations.

He told AMs on Monday that since his report was published, Welsh public spending had risen from 112% of the English average to around 116%.

The Cardiff Metropolitan University academic said it might be down to a lag in the way the formula works in response to changes in public spending.

  • 21 Nov 2016
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