Part of 1. 1. Questions to the Cabinet Secretary for Finance and Local Government – in the Senedd at 1:45 pm on 7 June 2017.
Llywydd, the fiscal framework already allows for it to be revisited. There is a mechanism within it that allows both the Welsh Government and the UK Government to require a relook at its terms. A new Government at Westminster will change many things in the relationship between ourselves and the Government that will be formed there. If a Labour Government is formed tomorrow, as we hope it will, then that fiscal framework will be part of that new relationship.