Part of 1. Questions to the Cabinet Secretary for Finance – in the Senedd at 2:05 pm on 16 May 2018.
Investment across the United Kingdom is tipped towards London and the south-east in the way that he described. Because this is a relatively very recent development, I will write to him if I've got anything further to say. But my officials have been in contact with the Treasury today. They say, in relation to Crossrail, as I understand it, these things: first of all, that no additional funding has yet been committed to the Department for Transport as a result of the Crossrail developments, and at the moment the Treasury regard that simply as a pressure that the Department for Transport's budget has to manage. We then checked with them, if a further investment from the Treasury to the Department for Transport were to be made for Crossrail, would there be a Barnett consequential for that, and they said to us, 'Yes, there would be', because this is a local rail development, and, if there are to be new funds found for Crossrail and given to the Department for Transport, we would get our Barnett consequential for that through the fiscal framework, which I'll remind Members here of course means we would get 105 per cent of that consequential.
Now, I have seen too often the way in which the UK Government looks to find Barnett workarounds, so that things that at first glance you would imagine would attract a Barnett consequential, turn out not to. So, you can be sure that our officials will be very closely monitoring the situation, and, if money does become available for Crossrail and if that money does go to the Department for Transport, that we would get our proper share of that here in Wales.