A Bill to require the Chancellor of the Exchequer to report to Parliament on proposals to replace the Barnett Formula used to calculate adjustments to public expenditure allocated to Scotland, Wales and Northern Ireland with a statutory scheme for the allocation of resources based on an assessment of relative needs; and for connected purposes.
This Bill would require the Chancellor of the Exchequer to report to Parliament on proposals to replace the Barnett Formula with a statutory, needs-based system for allocating public money to Scotland, Wales and Northern Ireland. It would create a legal framework for distributing resources based on relative need, rather than the Barnett method, and would cover related provisions.
Generated 21 February 2026
The 2021-2022 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
