A Fair Funding Formula

Plaid Cymru believes that Wales should be funded according to our needs, not the out-dated Barnett Formula which instead provides funding proportionate to spending on England’s needs. We want to see a new needs-based funding formula introduced in place of the Barnett Formula.

View other Economy and Taxation policies

A Fairer Tax System
We believe that Wales should have full control of economic levers, in order to grow and green our economy in...
Ambitions for our Economy
In the run up to the 2026 Senedd elections, we will set new targets for the Welsh economy so that...
A Welsh Green New Deal
Plaid Cymru believes that we need to retain the ability to produce primary steel in Wales. We oppose Tata’s current...
A Development Agency for Wales
We will establish a National Development Agency for Wales which is fit for purpose as we approach the quarter point...
Supporting our Businesses
The small business sector is the backbone of the Welsh economy. We want to support economic conditions in which Wales...
Digital
Our rural and valley areas continue to live with poor internet connectivity. Plaid Cymru would seek to invest in our...
Our Ambitions for Apprenticeships
The Labour Welsh Government’s decisions on Apprenticeships in its last budget was a backwards step, significantly cutting the apprenticeship budget....
Fairness for Employees
We support the devolution of employment law to Wales, having seen the Conservative UK Government roll back on workers’ rights...
Fairness for our Planet
Recognising the climate and nature emergency in which we find ourselves, we need to think beyond economic growth in terms...
Fairness for our Post Offices
The impact of the Post Office scandal has been felt strongly in Wales, with sub-postmasters being under suspicion and wrongly...