Sunday 12 December 2010

ANYONE LISTENING TO LORD BARNETT?

The Barnett Formula is used to calculated the way in which money from central Government pot gets allocated to Scotland, Wales and Northern Ireland. It pre-dates devolution and is well over due for being revised, renewed or replaced. Lord Barnett, who gave his name to the formula, is now calling for a change to the formula that currently bears his name. If the funding formula's creator says that it is now unfair and needs changing, will the ConDem's listen?

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