Public Expenditure

(asked on 10th September 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what plans they have to review the Barnett formula.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 24th September 2025

The Barnett formula is a key part of the arrangements for pooling and sharing risks and resources across the UK. It is simple, efficient and provides a clear and certain outcome, which is why it has stood the test of time.

There are currently no plans to modify the operation of the Barnett formula.

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