As a result, Wales will receive a Barnett consequential of over £755m over the next 5 years because of increased UK Department for Transport budgets, a consequence of the investment being made in HS2. The way Barnett works is that we get a share of the departmental spend for transport – not individual programmes.
The devolution settlement differs for Wales, Scotland and Northern Ireland – for example rail infrastructure is devolved to Scotland and Northern Ireland but not to Wales. As a result, the mechanics of the Barnett formula are a bit different for each administration and additional funding is allocated somewhat differently. But the fact is that Wales has received significant additional funding over this SR period as a result of increases in the Department for Transport budget which in large part arise from funding for HS2.
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