4. Questions to the Minister for Finance and Trefnydd – in the Senedd on 1 July 2020.
5. Will the Minister indicate the additional funding that is expected as a result of spending by the UK Government in England in areas devolved to Wales? OQ55346
Measures announced by the UK Government since the budget are expected to result in consequentials for Wales of around £2.3 billion, some of which are as yet indicative. Welcome though this is, it's less than we have needed to meet the immediate needs generated by the COVID crisis.
Can I thank the Minister for that response? Some of us are suspicious of the way that the Treasury in Westminster distributes consequential funding to Wales, and what they include has a substantial effect on the Welsh budget. Will the Minister publish the amount of money to be provided, and the Treasury's calculation that produced the total for the consequential moneys provided to Wales—what we used to know as 'show your workings'?
Yes, I'd be very happy to. So, thus far, we've published details of the additional funding in the first supplementary budget, but we do expect the Treasury to publish its block grant transparency tables very shortly, showing the detail of allocations across all three devolved nations. I think that those transparency tables are important in understanding the workings out, as Mike Hedges says. There might be further consequentials this year, and I'm hoping for some news on that in the July economic statement next week. Then, following that, of course, we'd expect a further block grant transparency table outlining any additional allocations as a result of that.