Amendment 1. Paul Davies

Delete all and replace with:

To propose that the National Assembly for Wales:

1. Notes the £1.2 billion increase in the Welsh budget over four years as a result of Barnett consequentials resulting from the UK budget.

2. Notes the £67 million increase in the Welsh budget as a result of the fiscal framework negotiated between the Welsh and UK Governments.

3. Notes the commitment in the UK budget to commence formal negotiations for a north Wales growth deal.