Nathan Gill MEP stated the Barnett formula has a great deal of unfairness within it

UKIP is pledging to change the spending formula made use of by the UK Treasury to figure out the Welsh governments budget plan if it enters power.The celebration states it will significantly reform the Barnett formula so that financial resources to the devolved governments are calculated on the basis of need rather than population.MEP Nathan Gill stated the intention is to increase payments to Wales.Critics say Wales is short-changed by the funding mechanism.In 2009, an independent Welsh government-appointed commission approximated the annual deficiency was

around 300m.