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.
House of Commons
Sir Christopher ChopeConservative
30 October 2023
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This bill would require the Chancellor of the Exchequer to report to Parliament on plans to replace the Barnett Formula—the current method for adjusting public spending for Scotland, Wales and Northern Ireland—with a statutory, needs-based scheme for allocating resources. It aims to shift public money distribution towards relative need and includes related provisions. It is currently at the second reading in the House of Commons.
The bill is at the second reading stage in the House of Commons. It had its first reading in June 2022 and its second reading in October 2023; no further stages are listed in the provided information.
Generated 21 February 2026
20 Jun 2022
20 Oct 2023
The 2022-2023 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
