Will the noble Lord not concede that this is probably the wrong time to change the Barnett formula, given the failure of the nationalist Administration's economic policy in Scotland, where unemployment is rising at a faster rate and the economy is growing even more slowly than in the rest of the United Kingdom? Sadly, we need the Barnett formula to keep the show going in Scotland. I admit that there are areas of expenditure that we may well dispute—I am not happy about the priorities of the nationalist Administration—but nevertheless, the money is required to try and keep our economy limping along at this very difficult time.
Scotland Bill
Proceeding contribution from
Lord O'Neill of Clackmannan
(Labour)
in the House of Lords on Thursday, 15 March 2012.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
736 c503 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
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Timestamp
2023-12-15 16:07:55 +0000
URI
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