Proceeding contribution from Iain Stewart (Conservative) in the House of Commons on Thursday, 27 January 2011. It occurred during Debate on bill on Scotland Bill.
Scotland Bill
I must correct my hon. Friend. The Barnett formula has been adjusted in the past to take account of population changes. He is quite correct to suggest that it was not adjusted for the first 15 or 16 years, which led to a more generous settlement year on year than a strict population count would have allowed, but I believe that it was Michael Portillo, when he was Chief Secretary to the Treasury, who introduced a mechanism by which the percentage by which Barnett changes each year would be directly related to Scotland's share of the UK population.
Secondary information
- Type
- Proceeding contribution
- Reference
- 522 c521
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Accountability Administration of justice Devolution Capital investment Borrowing Aggregates levy Crown Estate Health services Elections Expenditure Income tax Landfill tax Powers Public finance Scotland Scottish Parliament Taxation Taxpayers Stamp duty land tax Operating costs Reserves Scottish Devolution Commission
- Legislation
- Scotland Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 14:09:27 +0000
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