Peers Call for Funds Formula to Be Axed

Summary


PEERS have today called for the Barnett Formula, which dictates how much UK public money is sent to Wales, to be scrapped.

A House of Lords committee also found that the formula gives Wales less than it deserves compared with Scotland.

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Extract


Peers Call for Funds Formula to Be Axed

It sent Pounds 15.2 billion to Wales in the last finan...

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