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Written question asked by Jonathan Edwards (Plaid Cymru) on Wednesday, 7 July 2010, in the House of Commons. It was due for an answer on Monday, 12 July 2010. It was answered by Danny Alexander (Liberal Democrat) on Wednesday, 14 July 2010 on behalf of the Treasury.


Finance Bill 2010-12

Question
To ask the Chancellor of the Exchequer with reference to the contribution of the Chief Secretary to the Treasury of 6 July 2010, Official Report, column 205, on the Finance Bill, what the statistical source was of the forecast in respect of further convergence.
Answer

Convergence is a mathematical property of the Barnett formula exhibited under certain conditions, particularly when departmental spending is growing. Table 2.3 in the Budget sets out falling implied DEL totals over the course of the SR period.


Secondary information

Type
Written question
Reference
7825; 513 c717W
Session
2010-12
Related items
Finance Bill
Tuesday, 6 July 2010
Proceeding contributions
House of Commons
Subjects
Public expenditure
Link
View this Written question on www.publications.parliament.uk