5. Statement by the Cabinet Secretary for Finance: Update on Regional Investment after Brexit

Part of the debate – in the Senedd at 3:38 pm on 16 October 2018.

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Photo of Mark Drakeford Mark Drakeford Labour 3:38, 16 October 2018

He knows perfectly well that the formula for the distribution of funds—. I hear the Member shouting at me, Llywydd, 'cronyism' and I'm keen to read that into the Record, because it is a shameful accusation that he makes and he needs to substantiate the sorts of accusations that he makes. It is absolutely not sufficient for him to sit there and smear words across the floor of the Assembly when he knows perfectly well—and we know that he knows perfectly well—that the funding formula through which funds to local authorities are distributed is not made up by the Welsh Government; it is the formula agreed—