• What is the Barnett formula?

  • Mar 4 2025
  • Length: 29 mins
  • Podcast

What is the Barnett formula?

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  • Summary

  • PARTICIPANTS

    Dr Hannah Randolph, Economics Fellow, Fraser of Allander Institute, University of Strathclyde

    Dr João Sousa, Deputy Director, Fraser of Allander Institute, University of Strathclyde

    TIME STAMPS

    (0:25) What is the Barnett formula and what does it do?

    (2:50) What came before the Barnett formula and how was it different?

    (9:25) Has the Barnett formula resulted in convergence on spending per person across the UK nations?

    (12:40) Limits set by the Barnett formula and their impact on spending options for devolved governments

    (16:50) Governance framework - can devolved governments challenge decisions made on the Barnett formula?

    (22:25) Potential options for changing the Barnett formula and framework
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