Oral question asked in the House of Commons, by Gordon Banks (Labour). It was answered on Wednesday, 18 April 2012 on behalf of the Scotland Office.
Funding Formula
- Question
- My question relates directly to the question from the hon. Member for Bexleyheath and Crayford (Mr Evennett) and the Minister's answer to it. Does the Minister agree that the Scotland Bill will increase the amount of revenue gathered in Scotland to about a third of its spend, and will thus decrease dependency on a block grant?
- Answer
-
I agree that the Scotland Bill represents a radical, historic and significant change to Scotland's financing. More than a third of spending by the Scottish Parliament will result from funding from taxes that it determines and raises. That is a major step forward in terms of devolution and accountability, and should be welcomed by all Members.
Secondary information
- Type
- Oral question
- Reference
- 543 c305
- Session
- 2010-12
- Oral question type
- Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Scotland Formula grant
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2014-09-01 20:08:02 +0100
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1685519/-question
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