Submitted on Thursday 20th October 2011
Published on Friday 21st October 2011
Current status: Closed
Closed: Sunday 21st October 2012
Signatures: 21
EQUAL FINANCIAL FUNDING FOR ENGLAND, SCOTLAND, WALES & N. IRELAND. Scrap the BARNETT Formula.
Some 30 years ago, Lord Barnett, then the Treasury Chief Secretary, drew up a formula for the distribution, by Whitehall, of the Annual Public Money to England, Scotland, Wales & N. Ireland. This was supposed to be a temporary solution to a growing demand for self-government & facilities, all since resolved. The 2010 Annual Public Expenditure Statistical Analysis shows that Scotland received £10,212 per head of population, England received £8,588 - in other words, Scotland received 10% of Whitehall money for just over 8% of U K population. Wales received £9,829. It means that the free services enjoyed now in Scotland (university fees, long-term care, prescriptions) are being subsidised by England, as are those in Wales. Financially, the Members of Parliament for England are not ensuring that England has it`s fair share of the money available & has been for some time. I propose the Barnett formula be scrapped & there are equal shares for 2012 onwards.
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