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Barnett formula

  • Plaid Cymru would bankrupt an independent Wales on day one

    Opinion

    The local elections will likely see Labour lose the grip it has held on Wales since the inception of the Senedd. If Plaid Cymru does indeed form the next government, the UK might usefully acclimatise them to what life would be like under independence, says Paul Ormerod The swathe of local elections which are due [...]

    Plaid Cymru leader Rhun ap Iorwerth addressing the crowd at a public event, wearing a suit and speaking passionately
  • It’s time for England to stop subsidising Scotland and Wales

    Opinion

    The devolved nations are living on another planet economically because England essentially pays for their deficits. This has to stop, says Paul Ormerod Every single pensioner will continue to receive payments towards their winter fuel.   This is not some fantasy world in which the Chancellor, Rachel Reeves, has abandoned one of her flagship policies. It [...]

    Former SNP leader Nicola Sturgeon has said results for the SNP, now led by John Swinney, were worse than expected in the exit poll

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  • As it happened: FTSE 100 up on defence boost; oil falls back as Trump weighs Iran deal

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