Barnett Formula Debate

Full Debate: Read Full Debate
Department: HM Treasury

Barnett Formula

Lord Forsyth of Drumlean Excerpts
Monday 3rd November 2014

(9 years, 6 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Newby Portrait Lord Newby
- Hansard - - - Excerpts

My Lords, I absolutely agree with the noble Lord that Lord Barnett was a formidable parliamentarian across a range of subjects.

Lord Forsyth of Drumlean Portrait Lord Forsyth of Drumlean (Con)
- Hansard - -

My Lords, I associate myself with the remarks about Lord Barnett, who was a good friend and a great person in this House.

Can my noble friend explain to me how the vow made by all three party leaders in the concluding days of the Scottish referendum, which states that they are committed to,

“sharing our resources equitably across all four nations”,

is consistent with keeping the Barnett formula?