- 5 updates
Plaid Cymru is hoping to use today's debate on the controversial HS2 rail scheme to ensure extra money is given to Wales as a result. Jonathan Edwards MP has tabled amendments to the legislation paving the way for HS2 which will be voted on in the Commons today.
He says his amendment will be 'the last chance to enshrine in law' the principle that the Welsh Government should be receive funding equivalent to 5% of the cost of the project.
The Treasury has issued a further statement on the disagreement between Welsh and UK Governments over extra spending as a result of the HS2 rail scheme. Click here to read the background.
The Treasury now agrees that the Welsh Government HAS received a relatively small amount of extra money (£35m) because the Department for Transport's cash for HS2 came too late to change the formula used to decide how much money Wales gets.
But it's made clear the formula will be changed before there's any major spending on HS2 which means that Wales won't get any extra money if the project finally gets the go-ahead. A Treasury source described the dispute as 'overplayed.'
Plaid Cymru's Treasury spokesman, Jonathan Edwards MP, says that he hopes Finance Minister Jane Hutt is right in the dispute with the Treasury over extra funding as a share of spending on the HS2 rail project.
A Welsh Government spokesman has further clarified why Finance Minister Jane Hutt is sticking to her guns in a disagreement with the UK Treasury. The dispute is over whether or not Wales has received a share of spending on the controversial HS2 rail scheme.
Jane Hutt has already told ITV Cymru Wales that she stands by her claim as set out in a letter to the Finance Committee. Now a Welsh Government spokesman has underlined her position.
Finance Minister Jane Hutt is standing by her claim that the Treasury has given the Welsh Government extra money as a result of spending on the controversial HS2 rail scheme.
She'd told the Assembly's Finance Committee that £84m was passed on in the recent Spending Review as a result of Department for Transport capital spending including HS2. The Treasury has disputed that claim.
But in this short interview with Lynn Courtney, Jane Hutt insists that the money - known as Barnett Consequentials after the formula used to work out Wales' share of UK Government funds - does reflect Westminster's spending on HS2.