Barnett Formula Debate

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Department: HM Treasury

Barnett Formula

Eric Ollerenshaw Excerpts
Tuesday 16th December 2014

(9 years, 10 months ago)

Westminster Hall
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Iain Stewart Portrait Iain Stewart
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My hon. Friend makes an excellent point. There is a lot of darkness and cloud about these matters, and if we are to have a sensible debate about the fiscal balance between the component parts of the UK, we need that greater clarity.

Eric Ollerenshaw Portrait Eric Ollerenshaw (Lancaster and Fleetwood) (Con)
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I think that Lancashire needs a say. In the debate that is coming on English votes and so on, does my hon. Friend agree that we need to be honest with the English people? There is a cost to being the biggest part of the Union and there is a cost to the Union. Whether we agree about Barnett or not, England will have to pay more than the rest of the component parts of the United Kingdom.

Iain Stewart Portrait Iain Stewart
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My hon. Friend as ever makes a good point. At the conclusion of my speech I will say a little more on that.