We are committed to retaining the Barnett formula. There will be an extension of the ability to raise and spend one’s own resources, not full fiscal autonomy. That has to be an outcome determined by the Smith commission—to see to what extent this can happen—but it seems to me that it is right. As the right hon. Member for Belfast North made perfectly clear, the outcome in each of the countries of the UK will look different because our devolution settlement is asymmetrical.
If there is not an English Parliament or fiscal devolution, a further question arises. Can we have English votes for English taxes? I might not agree with all my colleagues on this point, but I thought that the right hon. Member for Kirkcaldy and Cowdenbeath (Mr Brown) raised an Aunt Sally and attacked it. There is not a Conservative proposal for English votes on income taxes. I do not think the analogy holds between devolution on income tax in the other countries of the UK and England. For example, Scotland has a Scottish Government with a Scottish Budget accountable to a Scottish Parliament, and it can determine Scottish income tax in that structure of decision making and accountability. We do not have an English Government, an English Parliament or an English Budget; we have a UK Budget, and to support a UK budget we must have UK taxation. We cannot contemplate the separation of English income tax, although we can devolve some taxes inside England, especially to local authorities and city regions.