Labour’s refusal to act on fair funding is a ‘damning indictment of its lack of ambition’ for Wales - Plaid Cymru has stated.

At the start of a new Senedd term, Plaid Cymru Leader Rhun ap Iorwerth has hit out at Prime Minister Keir Starmer and First Minister Eluned Morgan on their ‘refusal to act’ on securing fair funding for Wales, showing a lack of ambition for Wales’ future.

Last year, Eluned Morgan boasted Keir Starmer was “in listening mode” on the need to increase Welsh government funding and review how Wales is resourced and said she had discussed reforming the Barnett formula with the Chancellor.

Twelve months on and Wales is not a single step closer to being in receipt of fair funding – something which the Plaid Cymru Leader branded as “damning indictment of its lack of ambition”.

Accusing Labour of “taking Welsh voters for granted for too long”, Rhun ap Iorwerth said that a Plaid Cymru government “would not rest” until Westminster agreed to right the historic wrong of unfair funding.

Mr ap Iorwerth went on to say that the upcoming Autumn Budget was Labour’s opportunity to prove ‘once and for all’ that they are serious about fair funding for Wales.

In June 2025, Senedd Members unanimously supported a Plaid Cymru motion to scrap the Barnett Formula, but ‘Wales’s voice means nothing to Labour in London’ said Mr ap Iorwerth.

Plaid Cymru Leader Rhun ap Iorwerth MS said: “It’s been a year since the First Minister proudly announced that Prime Minister Keir Starmer was “in listening mode” when it comes to fair funding for Wales – yet a year on, we’re still no better off, and it’s our already stretched public services that are paying the price.

“Under the current system, Wales is footing the multi-billion pound bill for HS2 and missing out on £72m as a result of Labour’s national insurance hike, both examples just to name a few.

“It’s clear that Wales’s voice means nothing to Labour in London, and that the First Minister isn’t up to demanding what we’re owed from her London bosses.

“Only a Plaid Cymru government will take seriously the need to keep making this case with Westminster, and as First Minister I would not rest until they agree to right these historic wrongs.

“With an upcoming UK Budget in November, this is Labour’s opportunity to prove once and for all that it is serious about addressing the way in which the Welsh Government is resourced.”