Barnett Formula (The): House of Lords Paper 139 Session 2008-09 Contributor(s): U K Stationery Office (Other) |
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ISBN: 0108444651 ISBN-13: 9780108444654 Publisher: Stationery Office Books (TSO) OUR PRICE: $66.50 Product Type: Paperback Published: July 2009 |
Additional Information |
BISAC Categories: - Business & Economics | Reference - General |
Series: Hl |
Physical Information: 409 pages |
Descriptions, Reviews, Etc. |
Publisher Description: The Barnett Formula is the mechanism used by the UK Government to allocate more than half of total public expenditure in Scotland, Wales and Northern Ireland. The Formula has been used for the last thirty years to determine the annual increase in allocation. The Formula accounted for almost GBP 49 billion of public spending in 2007-08. |