, Finance Committee
Silk Commission—10 years on: Evidence session
Who wants to start on that? Eurfyl.
, Finance Committee
Silk Commission—10 years on: Evidence session
Thank you very much. We’ll move on to a set of questions from Mike Hedges. Thank you.
, Finance Committee
Silk Commission—10 years on: Evidence session
Sir Paul.
, Finance Committee
Silk Commission—10 years on: Evidence session
Rhianon, did you want to come in?
, Finance Committee
Silk Commission—10 years on: Evidence session
Lord Bourne or—
, Finance Committee
Silk Commission—10 years on: Evidence session
Eurfyl, yes.
, Finance Committee
Silk Commission—10 years on: Evidence session
Sir Paul—
, Finance Committee
Silk Commission—10 years on: Evidence session
I just want to bring Peter in.
, Finance Committee
Silk Commission—10 years on: Evidence session
Lord Bourne, is there any influence that the House of Lords might have in these things, as you are a Member there?
, Finance Committee
Silk Commission—10 years on: Evidence session
Sir Paul.
, Finance Committee
Silk Commission—10 years on: Evidence session
Sir Paul or Eurfyl. Sir Paul.
, Finance Committee
Silk Commission—10 years on: Evidence session
Lord Bourne, you mentioned aggregates there. Do you want to comment on that question?
, Finance Committee
Silk Commission—10 years on: Evidence session
I think this committee had a few discussions around varying income tax at the last budget round, so discourse was being had a little bit but maybe not so much making its way out of this Senedd and into public discourse and coming across. Back to you, Rhianon.
, Finance Committee
Silk Commission—10 years on: Evidence session
Lord Bourne.
, Finance Committee
Silk Commission—10 years on: Evidence session
Sir Paul or Lord Bourne, if—[Interruption.] Oh, if we do Sir Paul first, and then we'll go to Lord Bourne afterwards.
, Finance Committee
Silk Commission—10 years on: Evidence session
Shall we go to Eurfyl first, and then—
, Finance Committee
Silk Commission—10 years on: Evidence session
Yes, that's very true, very true. I'll move on to Rhianon, then.
, Finance Committee
Silk Commission—10 years on: Evidence session
Thank you very much. If I ask Rhianon, if we move on, unless Sir Paul has anything to add to that discussion.
, Finance Committee
Silk Commission—10 years on: Evidence session
I'm assuming then that a new formula might look at deprivation, poverty, age, all the different—. Even more so than—. So, a more dynamic formula, rather than a fairly static formula.
, Finance Committee
Silk Commission—10 years on: Evidence session
Okay. Thank you. And on that note, Lord Bourne, the report considered a fundamental set of principles for subnational government. How effective is that funding model in addressing these principles? So, I'm assuming it's not very.
, Finance Committee
Silk Commission—10 years on: Evidence session
Lovely. Thank you very much. Lord Bourne, did you have anything to add, or a different perspective?
, Finance Committee
Silk Commission—10 years on: Evidence session
No problem. Maybe if we go to Eurfyl and then maybe Lord Bourne, if—
, Finance Committee
Silk Commission—10 years on: Evidence session
Lovely. Thank you very much. So, the fiscal framework, which serves to address recommendations made in your report, modify the Barnett formula for Wales to include a needs-based factor. What do you think are the advantages or the disadvantages of this model…
, Finance Committee
Silk Commission—10 years on: Evidence session
Eurfyl, do you have any comments to make?
, Finance Committee
Silk Commission—10 years on: Evidence session
Thank you very much.