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
The Barnett Formula is the current method used to determine funding adjustments for Scotland, Wales and Northern Ireland. This Bill would require the Chancellor to report to Parliament on proposals to replace that formula with a new statutory, needs-based system for allocating public money, and it covers related purposes.
The bill is at the second reading stage in the House of Commons and has not yet progressed to committee or subsequent stages.
Generated 21 February 2026
The 2022-2023 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
