
What is the Barnett formula?
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Narrated by:
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About this listen
PARTICIPANTS
Dr Hannah Randolph, Economics Fellow, Fraser of Allander Institute, University of Strathclyde
Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde
TIME STAMPS
(0:25) What is the Barnett formula and what does it do?
(2:50) What came before the Barnett formula and how was it different?
(9:25) Has the Barnett formula resulted in convergence on spending per person across the UK nations?
(12:40) Limits set by the Barnett formula and their impact on spending options for devolved governments
(16:50) Governance framework - can devolved governments challenge decisions made on the Barnett formula?
(22:25) Potential options for changing the Barnett formula and framework
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