Question to the HM Treasury:

To ask His Majesty's Government what plans, if any, they have to modify the Barnett formula for financial year 2024–25 and subsequent financial years, to reflect the changing needs of (1) Northern Ireland, (2) Scotland, and (3) Wales.

There are currently no plans to modify the operation of the Barnett formula. The Barnett formula has stood the test of time because it is simple, efficient and provides a clear and certain outcome.

Overall, the devolved administrations’ funding is at least 20% more per person than equivalent UK Government spending in other parts of the UK.