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Lord Barnett


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To GVA or not GVA, that is the question?

The Western Mail runs the story today that Wales is being robbed of £2 billion pounds per annum because of the inadequacies of the Barnett formula. According to Lord Barnett himself, " This week’s IPPR report compared spending levels against GVA (Gross Value Added) per head, a standard measure of prosperity. On the basis of the calculations, London and Scotland receive more than they would get under...

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Lord Barnett

There's an interesting interview/profile of Lord Barnett in this week's edition of Holyrood magazine, in which he repeats his call for his eponymous formula to be scrapped. Bruce Millan, Scottish Secretary when the 'formula' was calculated, always seems to get overlooked in accounts of how it was forged in 1978 (Lord Barnett switches between remembering it as being in 1977 or '78), but he was at least...

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Lord Barnett admits scheme is not formula

The controversial scheme which gives each Scot a £1,500 subsidy each per year from English taxpayers was concocted "almost on the back of an envelope", its creator has admitted.

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Lord Barnett pushes for inquiry into his formula

Attempts were made last night to get a parliamentary inquiry into the Barnett Formula in light of the rising demand that the spending scheme should be scrapped and replaced with one based on need and not population.