The Welsh Government has responded to Plaid's criticism that it's not doing enough to call for a new funding arrangement for Wales. A spokesman said,
We have consistently argued that the Barnett Formula underfunds the people of Wales. Over time, it is very likely to lead to ever-greater underfunding of Welsh public services. The independent Holtham Commission confirmed this view. Clearly, that is unacceptable.
The Holtham Commission proposed a simple way of making the Barnett formula fairer in the short term, by introducing a funding ‘floor’. This would make a real difference to us in Wales and it could be introduced at the stroke of a Treasury pen.
In the medium term, we want to see the Barnett formula replaced by a system that delivers a fair and sustainable financial settlement for Wales.
We have consistently called on the UK Government to progress talks on reforming the way Wales is funded. Our position is very clear – it is time the UK Government set out theirs.
More top news
A pleasant end to the day with late evening sunshine for most. However, skies will soon clear and it'll turn chilly with light winds.
Three men have been arrested after an incident this morning in Cardiff. Two people are in a stable condition in hospital.
Pictures posted on twitter show an officer with a bandage around his head and blood on his neck