I must correct my hon. Friend. The Barnett formula has been adjusted in the past to take account of population changes. He is quite correct to suggest that it was not adjusted for the first 15 or 16 years, which led to a more generous settlement year on year than a strict population count would have allowed, but I believe that it was Michael Portillo, when he was Chief Secretary to the Treasury, who introduced a mechanism by which the percentage by which Barnett changes each year would be directly related to Scotland's share of the UK population.
Scotland Bill
Proceeding contribution from
Iain Stewart
(Conservative)
in the House of Commons on Thursday, 27 January 2011.
It occurred during Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
522 c521 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 14:09:27 +0000
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