Lord Howarth of Newport
Main Page: Lord Howarth of Newport (Labour - Life peer)Department Debates - View all Lord Howarth of Newport's debates with the HM Treasury
(9 years, 9 months ago)
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Lord Howarth of Newport (Lab)
Does the Minister recognise that whatever new constitutional arrangements may be made, there will be no stable union of the nations of the United Kingdom as long as the distribution of public funding between them is fundamentally inequitable?
Lord Newby
My Lords, there are many different views about where equity lies in this respect. The effect of the transfer of fiscal responsibility means that, going forward, the extent to which Scotland has money to spend will depend increasingly on the success of the Scottish economy and therefore very much upon the effectiveness of the Scottish Administration.