Speeches

Jonathan Reynolds – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Jonathan Reynolds on 2015-11-10.

To ask Mr Chancellor of the Exchequer, by what process the Treasury determines whether an item of public spending should trigger a consequential payment to the devolved administrations under the Barnett formula.

Greg Hands

The Barnett Formula determines changes to the block grant funding allocated to the devolved administrations by the UK Government in relation to departmental spending within Departmental Expenditure Limits.

Under the Formula, the Scottish Government, Northern Ireland Executive and Welsh Government receive a population-based proportion of changes in planned UK Government spending on comparable services in England, where those services correspond to devolved responsibilities in Scotland, Wales or Northern Ireland.