Transport: North of England

(asked on 30th November 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department's fiscal rules require (a) programme and (b) departmental comparability factors to be applied to new spending on projects included in Network North.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
This question was answered on 5th December 2023

The Barnett formula will continue to apply in the usual way as set out in the published Statement of Funding Policy document. The Barnett formula applies when departmental budgets change, not when departments announce how they are spending those budgets.

Reticulating Splines