The Barnett Formula Myth Destroyed – It does not subsidise Scotland

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Business for Scotland
The Barnett Formula Myth Destroyed – It does not subsidise Scotland

Arguably the most misunderstood part of the UK public sector budgeting mechanism is the Barnett Formula. The vast majority of people, politicians and the media seem to think that Barnett represents a subsidy to Scotland. Many Westminster MPs (mainly Conservatives) have described it as English taxpayers subsidising Scottish public spending, and the mainstream media have […]

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Business for Scotland
The Barnett Formula Myth Destroyed – It does not subsidise Scotland