Commonwealth Games 2022: Finance
(asked on 4th September 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 July 2019 to Question 272191 on Public Expenditure: Scotland, what comparability percentage will be applied to the Government’s contribution to the 2022 Commonwealth Games budget; and what his timescale is for the publication of the revised Statement of Funding Policy.
Answered by
Rishi Sunak
Prime Minister, First Lord of the Treasury, Minister for the Civil Service, and Minister for the Union
The UK government contribution to the 2022 Commonwealth Games budget is subject to the Barnett formula, which HM Treasury will apply in the normal way.
As with previous Commonwealth Games, a comparability factor of 100% will be applied for Scotland, Wales and Northern Ireland.
This will be reflected in the next edition of the Statement of Funding Policy, which is due to be published at the Spending Review in 2020.
At Spending Round 2019, HM Treasury published a Statement of Funding Policy addendum with updated comparability factors to reflect the creation of the Department for Business, Energy and Industrial Strategy and the reclassification of Network Rail spending from AME to DEL since Spending Review 2015.