One of my bugbears in this debate is that when we talk about the Barnett formula, we forget that Barnett does not change the baseline lock, it aggregates the annual changes in UK Departments' spending and then adds on a population share percentage and a relevance factor percentage. My hon. Friend's point is about changing the baseline. I believe that the Government have opened up the possibility of that in future, but we must be careful to point out that the Barnett formula deals only with year-on-year changes.
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 c521-2 
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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