Holtham Commission

The Independent Commission on Funding & Finance for Wales (Holtham Commission) was established in 2008 to review the Welsh Assembly’s funding and to consider further devolution of fiscal powers. The Commission examined the current funding arrangements, determined by the Barnett Formula, and assessed the case for increasing Wales’s taxation and borrowing powers.

In July 2010, the Commission published its final report and recommendations. This note outlines the main recommendations from the final report, briefly summarises the Commission’s first report and includes reaction from the Welsh Assembly and UK Government to the Commission’s recommendations.