Introduced by Joel Barnett 1978 -
Taking UK-wide expenditure as 100%, the Barnett Formula currently allocates 97% to England, 117% to Scotland, 111% to Wales and 127% to Northern Ireland.
is it fair? North doesnt get enough and south doesnt get what it should for the taxes they pay...
Infrastructure spending far greater in the south as infrastructure is needed for an effective and efficient economy.
"The loss of benefit income, which is often large, will have knock-on consequences for local spending and thus for local employment, which will in turn will add a further twist to the downward spiral. A key effect of welfare reform will therefore be to widen the gaps in prosperity between the best and worst local economies across the country"
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