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Public Expenditure: Wales

Asked by Ben LakePlaid CymruTreasuryTabled Answered 3 November 2025UIN 86276

The question

To ask the Chancellor of the Exchequer, what recent discussions she has had with the Welsh Government on a formal review of Wales’s fiscal framework.

Answered by James Murray

We have ongoing discussions with the Welsh Government about funding flexibilities and updating their Fiscal Framework and remain committed to working in partnership to ensure the smooth delivery of their funding settlement.

HM Treasury ministers regularly engage with Welsh Government counterparts, including through forums such as the Finance: Interministerial Standing Committee (F:ISC), to discuss a range of issues affecting Wales, including funding arrangements. The most recent F:ISC was on 17 October.

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