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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

One of my bugbears in this debate is that when we talk about the Barnett formula, we forget that Barnett does not change the baseline lock, it aggregates the annual changes in UK Departments' spending and then adds on a population share percentage and a relevance factor percentage. My hon. Friend's point is about changing the baseline. I believe that the Government have opened up the possibility of that in future, but we must be careful to point out that the Barnett formula deals only with year-on-year changes.

Secondary information

Type
Proceeding contribution
Reference
522 c521-2 
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